EU considering shift to T+1 or T+0 – Cipollone
ECB board member says markets are on brink of “significant shift” in digital settlement
The European Union (EU) is considering moving towards the instant settlement of securities transactions amid the global shift towards tokenisation, European Central Bank (ECB) board member Piero Cipollone said on February 9.
In the first announcement of such a move, Cipollone said in a speech that the ECB was “considering a shift from T+2 to T+1, or even T+0”, to avoid mismatches in settlement cycles and keep European markets attractive. This would mean securities transactions being settled one
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