Wall Street Is Worried Over T+1's Quicker Settlement Time

What You Need To Know

• A spike in the number of failed trades, operational glitches and additional costs are among industry fears as the trading process accelerates.
• The T+1 regime increases the chance of failures because the compressed timeframe makes it harder for buyers and sellers to ensure their funds and securities are ready.
• The U.S. switch also means it's leaving other jurisdictions behind, which is a headache for many investment vehicles operating across borders.