What advisors need to know about the change to T+1 trading


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Canada is moving to a T+1 settlement cycle on May 27.Mark Blinch/Reuters Sign up for the Globe Advisor weekly newsletter for professional financial advisors on our sign-up page. Get exclusive investment industry news and insights, the week’s top headlines, and what you and your clients need to know. For more from Globe Advisor, visit our homepage. North American investors and advisors will be able to settle exchange-traded funds (ETFs), debt and equities trades within one day at the end of May. The move, which is a reduction from the current two-day settlement cycle, should reduce...