The transition to a T+1 securities settlement cycle will come into effect in the European Union capital markets on October 11, 2027. With the introduction of the T+1 settlement cycle, securities admitted to trading venues will be settled within one business day, compared to the current two-business-day cycle. The main drivers of the change are reducing operational risks, further strengthening harmonization between European Union markets, and bringing European Union markets in line with those global markets that have already moved to the T+1 settlement cycle (USA, Canada, Asian markets) and thus improving competitiveness.
To execute settlements within a shorter period, it is necessary to review, modify and automate Back Office systems and processes. It is worth planning for the implementation of the changes, with their development tasks and costs, starting in 2026.
Read more about this change and how you can be prepared for it. Download our guide in Hungarian language.
Download the Hungarian eBook here: T+1 settlement guide
