Industry's major exchanges, infrastructure capable of withstanding an operational crisis: SIFMA
Initiative allows firms to test innovations, explore potential regulatory reforms
Shorter settlement cycle has succeeded in reducing risk, freeing up capital
Settlement hearing with Royal Mutual Funds scheduled for Oct. 15
Exchange overpromised, under-delivered on clearing system replacement
Consultation aims to clarify and improve compliance with trading rules
OSC relief addresses potential mismatch between settlement cycles
The proof is that next-day settlement went largely unnoticed this week
Regulator consults on revisions to boost intra-day liquidity insight
While there may be an initial spike of failed trades, fail rates improve overall in a shortened settlement cycle