Finance
Securities industry says stability comes first as T+1 settlement shift gains speed
Discussions are accelerating in South Korea on shortening the stock market settlement cycle from T+2 to T+1, but brokerages and related agencies said stable preparations in back-office operations must come first. They cited issues including foreign investor settlement and currency conversion, securities lending, ETF creation and redemption, and system overhauls. Participants also stressed automation and standardisation, warning that inadequate readiness could undermine settlement stability and market trust.
