3 ms·
Sure, but end of day settlement (like is practiced on TSX!) has all of the reasonable benefits of T+2 settlement, while still taking place in an understandable
by freeone3000 6y ago
Sure, but end of day settlement (like is practiced on TSX!) has all of the reasonable benefits of T+2 settlement, while still taking place in an understandable time frame.
- throw0101a 6y agoIf TSX = Toronto Stock eXchange, I do not think that is correct: * https://www.tsx.com/news?id=533&year=2017 https://www.tsx.com/news?id=533&year=2017 In Canada it's done by CDS Clearing and Depository Services Inc. (CDS) and is currently T+2 just like in the EU (2014) and US (2017). A 2015 whitepaper discussing the (then) proposed change: * PDF: https://www.cds.ca/resource/en/174 https://www.cds.ca/resource/en/174