U.S. urges Britain to pick a date for stock market shake up

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 20 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 175%
  • Publisher: 92%

Canadian News Notizia

Canada News,Breaking News Video,Canadian Breaking News

SEC chair urges timetable for plan to half the time it takes to settle a stock trade

Britain should set a date for halving the time it takes to settle a stock trade - and stick with it, U.S. Securities and Exchange Commission Chair Gary Gensler said on Thursday.

Gensler told an event in London held by UK Finance, a banking industry body, that the U.S. move cut the average amount of margin required by clearing houses by 25% to 30%, equivalent to about $3.8 billion, in first two days.“It went smoothly,” Gensler said, via video-link.“I wouldn’t shy away from saying how important it is to just set a date and stick with it,” Gensler said.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 5. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

US urges Britain to pick a date for stock market shake upBritain should set a date for halving the time it takes to settle a stock trade - and stick with it, U.S. Securities and Exchange Commission Chair Gary...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Elon Musk Agrees to Testify in SEC Probe of Twitter AcquisitionElon Musk has agreed to testify in the US Securities and Exchange Commission’s probe of his 2022 acquisition of the social-media platform once known as Twitter.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »