The European Commission has proposed a legislative amendment to shorten the settlement period for EU transactions in transferable securities from two business days after trading (T+2) to one (T+1). The change would apply to securities such as shares and bonds executed on EU trading venues. Settlement refers to the process by which the buyer receives the security and the seller receives the cash, and the move to T+1 is intended to improve the efficiency and competitiveness of EU post-trade financial market services in the context of the savings and investments union.
European Commission 2025-02-12
European Commission proposes moving EU securities settlement from T+2 to T+1
The European Commission has proposed a legislative amendment to reduce the settlement period for EU transactions in transferable securities from T+2 to T+1. This change, applicable to securities like shares and bonds on EU trading venues, aims to enhance the efficiency and competitiveness of EU post-trade financial market services.