Acceleration to T+1 Settlement:
What you need to Know
Learn more about accelerated settlement and the key changes that are happening in the transition to T+1 markets, including answers and insights on key topics for BNY Mellon, and our clients and counterparties.
The SEC announced that the transition to T+1 will take place on May 28, 2024, before which the industry and all market participants must make and test the necessary operational changes and technological upgrades required to settle trades in one day. Updated December 2023.
SecuritiesFX: T+1. Handled.
As leaders in the financial industry, we have proactively developed strategies and solutions to seamlessly navigate the transition from T+2 to T+1. Read our SecuritiesFX T+1 factsheet to learn more about how we can support execution in the T+1 trade life cycle, and visit our dedicated section on Execution for more information.