STP Mentioned in Financial Technologies Forum (FTF)
We were pleased to be mentioned in Financial Technologies Forum’s article “T+1 Glitches Emerge Between U.S. & E.U Settlement”.
“The E.U. markets are much more complex, with specific market requirements, taxes,
securities that trade across multiple exchanges, and CSDR [Central Securities
Depositories] penalties, which create additional risks. The CSDR adds an extra layer of
compliance and regulations, making it much more problematic for the markets to move
to T+1,” Kaisha Schnoll, Assistant Vice President of Trade Settlement at STP Investment Services.
Check out the article here – https://www.ftfnews.com/t1-glitches-emerge-between-u-s-e-u-settlement/
