The move, which comes into effect on 15 June 2026, reflects current market developments and supports the UK鈥檚 transition to a T+1 settlement cycle in 2027
Following the achievement, the two firms have partnered to launch a new title transfer model with a pledge-back feature, tailored specifically for UCITS clients
The service provides a centrally cleared model for SFT transactions, and works to enhance the capital efficiencies associated with activities such as securities lending