Global Custodian Clearing and Settlement Issue 2018 | Page 17

[ M A R K E T R E V I E W | S E T T L E M E N T C Y C L E S ] T+? Where the world is at with settlement times With Europe, Australia and North America having already made the move to T+2 settlement, Asia Pacific is now following suit, with Hong Kong and Thailand already there, and Singapore and Japan all working towards the same goal. What do the moves mean for the respective region’s infrastructure and systems, and the ability to trade on a global level? Summer 2018 globalcustodian.com 17