Australia, NZ Seen Switching to Next-Day Settlement by 2030
New Zealand and Australia are expected to join a global transition to next-day settlement of stock transactions within five years, once key clearing and settlement systems are ready, according to a senior banker.
<p>New Zealand and Australia are expected to join a global transition to next-day settlement of stock transactions within five years, once key clearing and settlement systems are ready, according to a senior banker.</p>