Trading

Euronext ready to match US move to T+1

Revenues at the pan-European exchange were flat amid subdued trading volume, but big changes are on the horizon

Exchange says it is 'perfectly capable today of settling at T+1'
Exchange says it is 'perfectly capable today of settling at T+1' Photo: Benjamin Girette/Getty Images

With the US moving to a one-day settlement cycle for equities in under a year, Euronext says it is ready to make a similar switch if necessary.

“Technically speaking, Euronext and the industry is perfectly capable today of settling at T+1,” said Anthony Attia, global head of post-trade at Euronext, as the bourse announced its second-quarter results.

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