U.S. stock settlement cycle shortened from T+2 to T+1

The settlement cycle for U.S. securities was changed from T+2 to T+1 on May 28, 2024. Related data indicate that total clearinghouse margin fell from $12.8 billion to $9.1 billion, and the failed-trade rate dropped from just over 2% per month to 1.9%.

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一个狠人

2026-09-25 01:32 · 一个狠人发布了新视频：美股美債結算上鏈、秒級到賬，華爾街歡呼風險歸零？我把賬算了一遍，結論正好相反：拆掉淨額結算這塊海綿，資金承載力萎縮百倍，做市商迎來流動性死刑——最恐慌的那一秒，全市場集體撤單

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This event U.S. stock settlement cycle shortened from T+2 to T+1 2024.05.28 · Verified

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Coverage of this event COVERAGE

Article · 2026-07-21 12:02 Moving US Stock and Bond Settlement to the Blockchain for Instant Settlement: Is Wall Street Cheering for Zero Risk? I Ran the Numbers and the Conclusion is the Opposite: Removing the Sponge of Netting Shrinks Capital Capacity by a Hundredfold, Sentencing Market Makers to a Liquidity Death—In That Most Panic-Stricken Second, the Entire Market Will Cancel Orders En Masse

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