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Wall Street says shift to faster trade settlement smooth so far

USA-STOCKS/SETTLEMENT (UPDATE 3, PIX):UPDATE 3-Wall Street says shift to faster trade settlement smooth so far ....

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Breaking AI Stock News: Alset Capital Inc. (TSXV: KSUM) Provides Corporate and Operational Update

Breaking AI Stock News: Alset Capital Inc. (TSXV: KSUM) Provides Corporate and Operational Update ....

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IQIYI, Inc. Announces Repurchase Right Notification for 4.00% Convertible Senior Notes due 2026

BEIJING, May 28, 2024 iQIYI, Inc. , a leading provider of online entertainment video services in China, today announced that it is notifying holders of its 4.00% Convertible Senior Notes due. ....

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Wall Street braces for faster trade settlement

NEW YORK (Reuters) -U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest financial market but may temporarily lead to a rise in transaction failure for investors. To comply with a rule change the U.S. Securities and Exchange Commission (SEC) adopted last February, investors in U.S. equities, corporate and municipal bonds and other securities must settle their transactions one business day after the trade, instead of two, beginning Tuesday. Regulators sought the new standard, commonly called T+1, after the 2021 trading frenzy around the "meme stock" GameStop highlighted the need to reduce counterparty risk and improve capital efficiency and liquidity in securities transactions. ....

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Wall Street Braces for Faster Trade Settlement

Wall Street Braces for Faster Trade Settlement
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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