[ I N D E P T H | T + 1 ]
Keeping the APAC door open as Europe moves to T + 1
With Europe traditionally trading with APAC markets more than the US – thanks to shared market hours – a symbiotic relationship has emerged, but what does this mean when it comes to the European shift to T + 1? CLAUDIA PREECE delves into the real cost of being out of global alignment, the impacts of fragmentation, and the potential for‘ third mover advantage’.
The European shift to T + 1 is finally in our sights, an inescapable restructuring of the markets set to enhance global alignment and ultimately bring with it a sweep of benefits. But, as this massive shift for trading processes looms, it’ s time to take a look eastward at what this change for Europe could mean for its APAC counterparties.
Earlier this year, the EU, Switzerland( CH), and the UK officially aligned on the proposed date for a shortened settlement cycle, with the region’ s move to
48 // TheTRADE // Q1 2025