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What is the T+1 Transition?

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At Sibos 2023, Michele Hillery, Managing Director, General Manager of NSCC Equity Clearing and DTC Settlement Service, DTCC, discusses the advantages of the T+1 transition, focusing on how it will impact firms trading US equities outside the US and the role Unique Transaction Identifiers have in enhancing post-trade efficiency within the T+1 framework.

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