Bank Group Urges Caution on Faster Trade Settlements in Asia

Global banks and funds urged caution for Asian exchanges seeking to switch over to shorter settlement cycles as more investments are needed to mitigate risks such as failed trades, according...

By Kiuyan Wong · Bloomberg Markets

Global banks and funds urged caution for Asian exchanges seeking to switch over to shorter settlement cycles as more investments are needed to mitigate risks such as failed trades, according to a report from an industry body.