Skip to main content

For updates and guidance related to COVID-19 / Coronavirus, click here.

Archer Comment On Regulatory Notice 21-19

Archer
N/A

I would like to propose a fixed T+0 or T+1 settlement date for all shares. FTD's (Failure to deliver) are rampant in the current market structure and allows for adverse effects on price discovery. Enforce a T+0 or T+1 settlement for FTD's and this would saveguard price discovery and mop up shorting fraud without risking liquidity issues.