DTCC Comments on Affirmation Progress for DTC Trade Submission as T+1 Draws Near
February 29, 2024
February 29, 2024
NEW YORK, Feb. 29 -- The Depository Trust and Clearing Corp., a provider of clearing and settlement services to the financial markets, issued the following statement:
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DTCC issued the following statement:
"With the U.S. transition to a T+1 settlement cycle less than three months away, market participants must accelerate their preparations with a focus on enhancing operational efficiencies, including the achievement of same-day affirmation.
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DTCC issued the following statement:
"With the U.S. transition to a T+1 settlement cycle less than three months away, market participants must accelerate their preparations with a focus on enhancing operational efficiencies, including the achievement of same-day affirmation.
< . . .