U.S. Equity Markets T+1 Settlement Shift to One Business Day

As of 2024, U.S. equity market settlements have reduced from two business days to one due to the SEC's implementation of T+1 settlement. Industry leaders note that this faster system could unlock hundreds of billions of dollars currently tied up in traditional settlement cycles. Additionally, extended hours trading now comprises over 11% of total U.S. equity activity, doubling over the past six years, indicating strong investor demand. Improving settlement efficiency is critical for reducing risks during transactions and enhancing capital flow in the markets.