Transition to T+1 Settlement
T+1 stands for “Trade Date plus 1 Business Day.” This means that securities transactions will, in future, be settled just one business day after the trade date.
For the European capital market, this represents a reduction of the current standard settlement cycle from T+2 to T+1. As a result, the time available for all post-trade processes will be shortened, particularly for allocations, trade confirmations, and the transmission of settlement instructions.
What information do we require from you?
If you have not yet provided us with feedback, we kindly ask you to complete the feedback form and return it to: T1onboarding@nordlb.de
