Overview

• 92.76% of transactions were affirmed by 9 p.m. on the first day, exceeding the 90% target set by the DTCC.
• Financial firms have been preparing for the shift by adjusting workflows and relocating staff.
• Some overnight processing delays were quickly resolved, ensuring normal transaction processing.
• Market participants remain vigilant for increased trade failures during the adjustment period.
• The T+1 transition follows similar changes in Canada, Mexico, Argentina, and Jamaica.