Faster U.S. stock settlement poses ‘systemic risk’ to Europe, asset managers say

Capt. John

Wall Street’s move to halve the time it takes to complete a stock trade will create a “systemic risk” in Europe unless market participants get more time to line up dollars for stock purchases, Europe’s asset management industry said on Thursday. U.S. stock markets, along with those in Canada and...

https://www.hellenicshippingnews.com/faster-u-s-stock-settlement-poses-systemic-risk-to-europe-asset-managers-say/

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