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Settlement Speed: The Real Wall Street Upgrade | Durham News
Wall Street’s next big leap isn’t about trading longer hours—it’s about speeding up settlement, the behind-the-scenes process that officially transfers ownership and moves money. Currently taking one business day, this bottleneck holds back hundreds of billions in capital and increases default risk. Modernizing this outdated system—built for paper certificates and phone calls—requires global tech upgrades, real-time risk tools, and cross-institutional coordination. While 24/7 trading is technically possible, it’s the settlement infrastructure that’s the real hurdle, and fixing it could unlock…
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