T+1 Settlement Cycle Booklet

A resource for firms preparing for the transition to T+1: 

SIFMA, CCMA and ISDA published a T+1 booklet, which responds to queries about the settlement cycle changes taking place in North America on May 27-28, 2024.

This booklet is intended to be an information resource for market participants and provides summary information ranging from the scope of the transition, the final SEC Rule, and foreign exchange market considerations to the possible impacts to relevant securities and over-the-counter (OTC) derivatives transactions.

Refer to this guide as part of your firm’s preparation for the transition to the T+1 settlement cycle. The booklet may be updated periodically.