Catastrophe bond market deemed ready for T+1 settlement – Digital Dreamers

New rules are being implemented in the United States by the Securities and Exchange Commission (SEC) that shorten the standard settlement cycle for most broker-dealer transactions from the current “T+2” to “T+1”, but in our discussions with catastrophe bond trading desks and market participants, the general feeling is one of readiness.For the insurance-linked securities (ILS) … Read more