| ESMA proposes to move to T+1 by October 2027
November 18, 2024--The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, has published its Final Report providing the assessment of the shortening of the settlement cycle in the European Union (EU).
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| The report highlights that the increased efficiency and resilience of post-trade processes that should be prompted by a move to T+1 would facilitate achieving the objective of further promoting settlement efficiency in the EU, contributing to market integration and to the Savings and Investment Union objectives.
ESMA recommends that the migration to T+1 occurs simultaneously across all relevant instruments and that it is achieved in Q4 2027. Considering the different elements assessed by ESMA, in particular the difficulties linked to the go-live of such a big project in November and December, and the challenges linked to the first Monday of October (just after the end of a quarter), ESMA recommends 11 October 2027 as the optimal date for the transition to T+1 in the EU. ESMA also suggests following a coordinated approach with other jurisdictions in Europe |
| Ex-Pimco executive plans Europe's first catastrophe-bond ETF
October 29, 2025--King Ridge Capital Advisors is already managing the world's first-ever cat-bond ETF for Brookmont Capital Management. |
| Valour Inc. Launches Sky (SKY) ETP on Spotlight Stock Market, Reaching 100 Listed ETPs October 22, 2025-100th ETP listed: Valour Sky (SKY) SEK ETP (ISIN CH1108681516) is now live on Sweden's Spotlight Stock Market, marking Valour's one hundredth exchange-traded product across Europe. |