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T+1 Settlement: Costly Shift Without a Cause?
The U.S. prioritized reducing settlement fails domestically but ignored the knock-on costs for international investors, which have gone through the roof.” So says industry veteran Gary Wright, director at ISITC Europe CIC, in the latest episode of the FTF Exchange podcasts. In this podcast, hosts Maureen Lowe and Nick Holland speak with Wright who delves deep into the contentious shift to T+1 settlement in capital markets, questioning whether the benefits truly justify the costs. With candid insights and thought-provoking critiques, this conversation challenges the status quo and shines a…
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