Two thirds of the global investment industry is now preparing for the UK’s transition to a shorter settlement window, but more firms should act now to avoid a last minute scramble, says Chris Elms

A new survey of financial firms reveals that almost two thirds of the global investment industry is now actively preparing for the UK’s transition to T 1 by 2027, which will see share trades settled in just one day after the transaction date. But with many at risk of missing key deadlines, market participants must act.

This move to accelerate the settlement of trades is part of the broader efforts to enhance the efficiency and security of financial markets.

While this change may sound technical, the impact will be felt by anyone involved in buying or selling shares. Currently, it takes two business days after a trade for the money and the........

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