Navigating T+1 Settlement and Market Dynamics

This chapter explores the recent transition to T plus one settlement in North America, marked by a significant reduction in trade failures. The hosts compare this change to a rare celestial occurrence, addressing both the efficiencies gained and the skepticism surrounding trading conspiracies. They further discuss the potential for modernizing financial systems to embrace faster settlements and 24-hour trading, while grappling with the historical complexities that persist in today's markets.