Monday March 5 2018
News Source: Global Exchanges
Focus: Other
Type: General
Country: Brazil
Link: http://www.bmfbovespa.com.br/pt_br/noticias/liquidacao-em-d-2.htm
On 2nd March 2018, Brasil Bolsa Balcão S.A. (B3) shortened its settlement cycle from T+3 to T+2. This move will bring the exchange into line with many others across the globe who have recently adopted this shortened settlement period.
The shortening of the settlement cycle will bring the Brazilian market significant benefits, including capital optimisation, reduced collateral requirements and increased liquidity.
For additional information please click the link above.