FESE response to the ESMA Call for evidence on shortening the settlement cycle

Published:

FESE believes reducing the settlement cycle from T+2 to T+1 should be closely coordinated among regulators, market participants, and Financial Market Infrastructures (FMIs). From a technical perspective, Trading Venues can potentially support any “T+n” settlement cycles (with an appropriate adaptation timeline). However, operational readiness can be challenging for some market participants. FESE Members are ready to support and follow their customers if a shift to T+1 materialises.