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Shortening the cycle with faster settlement of investment fund trades

Exterior London Stock Exchange. Two men walking by.
Photo: Scott Barbour/Getty Images

The UK is preparing to transition to a T+1 securities settlement cycle on October 11, 2027, in line with other jurisdictions.

The UK is preparing to implement a T+1 securities settlement cycle on October 11, 2027, a significant structural change to capital markets operations. T+1 means that once an in-scope security (for example, a stock or bond) is purchased or sold, the transaction must be settled within one business day (for

The change