Truss Edge’s Post

How will the T+1 Settlement environment impact ETFs? The introduction of the T+1 settlement regime in May is creating some very serious operational considerations for ETF managers. At the same time we expect it will also make the ETF market more efficient, which will be good for investors in the long run. The National Securities Clearing Corporation has said it is helping to streamline the settlement process for ETFs and the DTCC has also confirmed that it is working to expedite its end of day pricing process. This latter development will see ETFs moving from batch to real-time processing, with real time create and redeem activity. The broad ETF operating environment in the North American market is coming into being, but individual ETF managers will still need to review their own internal processes and those of their service providers as we approach these important market deadlines. To know more click on the following link: https://bit.ly/3Toa0VP #ETFs #T1Settlement #MarketEfficiency #InvestingOpportunities

How will the T+1 Settlement environment impact ETFs? The introduction of the T+1 settlement regime in May is creating some very serious operational considerations for ETF managers. At the same time we expect it will also make the ETF market more efficient, which will be good for investors in the long run. The National Securities Clearing Corporation has said it is helping to streamline the settlement process for ETFs and the DTCC has also confirmed that it is working to expedite its end of day pricing process. This latter development will see ETFs moving from batch to real-time processing, with real time create and redeem activity. The broad ETF operating environment in the North American market is coming into being, but individual ETF managers will still need to review their own internal processes and those of their service providers as we approach these important market deadlines. To know more click on the following link: https://bit.ly/4bZNVEf #ETFs #T1Settlement #MarketEfficiency #InvestingOpportunities

The switch to next-day settlement will invite new operational challenges for funds that have securities with multiple settlement cycles in their holdings. Brian McCabe told Ignites that the shift, known as T+1, will take place May 28 and present new challenges for foreign-exposed ETFs. #ETF #assetmanagement #financialregulation

The switch to next-day settlement will invite new operational challenges for funds that have securities with multiple settlement cycles in their holdings. Brian McCabe told Ignites that the shift, known as T+1, will take place May 28 and present new challenges for foreign-exposed ETFs. #ETF #assetmanagement #financialregulation

The switch to next-day settlement will invite new operational challenges for funds that have securities with multiple settlement cycles in their holdings. Brian McCabe told Ignites that the shift, known as T+1, will take place May 28 and present new challenges for foreign-exposed ETFs. #ETF #assetmanagement #financialregulation

The switch to next-day settlement will invite new operational challenges for funds that have securities with multiple settlement cycles in their holdings. Brian McCabe told Ignites that the shift, known as T+1, will take place May 28 and present new challenges for foreign-exposed ETFs. #ETF #assetmanagement #financialregulation

Very proud to welcome on SPECTRUM MARKETS 1,800 ETFs (all UCITS), including ~100 funds from State Street SPDR ETFs (State Street Global Advisors). State Street is among the top 3 ETF providers worldwide. More than 30 #ETFs providers are now available on the #MTF, or >98% of AuM in Europe, the 10 top providers (all available on Spectrum) accounting for more than 90%. Spectrum MTF liquidity on 1,800 ETFs is better than on major EU Exchanges, supporting best execution: - No fees for distributors - Continuous pricing available 8am to 10pm CET - some other products being available 24/5 - Average Size at touch €50K - Liquidity for 65% of the 1,800 ETFs between €50K - €100K, and up to €500K - Spread 0.01% for the most liquid ETFs, average spread 0.16%, median 0.10%.

The move to T+1 may make ETFs more expensive for investors. I posted a brief note about this on the Ropes & Gray Insights page. While ETF issuers and APs are correctly focusing on the operational challenges of the move to T+1, they shouldn't ignore the potential knock-on effects.

The upcoming change in settlement cycle to "t+1" in North America can affect asset managers #UCITS compliance. See below a recap by #EpicSolutions outlining the essence of the matter. This article by ETF Stream summarizes #ESMA's rejection in regard to calls for rule changes in the advent of potential liquidity missalignments: https://lnkd.in/gR9H2yCp   The official statement by ESMA can be found here:  https://lnkd.in/gUi7yTZi   #investment #compliance #Tplus1 #assetmanagement #funds #regulation

Asset servicers and ETF issuers name product complexity and T+1 settlement as main challenges. David McGuinness. Around 40% of asset servicers and 38% of ETF issuers see product complexity and T+1 settlements, respectively, as their biggest challenges in the ETF field. Check out Sorin-Andrei Dojan's latest article👇 https://incm.pub/3WdOcO8 #investing #assetmanagement #wealthmanagement #finance