Debt markets may also move to T+2 settlements

Original article by Joyce Moullakis
The Australian Financial Review – Page: 18 : 24-Mar-15

An ASX working party has proposed shifting to a two-day settlement cycle for cash-based share trades from 7 March 2016, in line with European bourses. New Zealand may also adopt the so-called T+2 settlement cycle in 2016, as many stocks are listed in both Australia and New Zealand. Australian debt markets may also adopt T+2 in 2016

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