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Wall Street looks to shift securities settlement cycle to T+1

Dec. 10, 2021 6:00 AM ETRobinhood Markets, Inc. (HOOD), SCHW, IBKR, MSSQBy: Yoel Minkoff, SA News Editor10 Comments

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  • The securities settlement process is set to get even faster after the Investment Company Institute (ICI), the Securities Industry and Financial Markets Association (SIFMA) and the Depository Trust & Clearing Corporation (DTCC) laid out a new goal of getting the industry to "T+1." Currently, market

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