Korea Exchange Pushes T+1 Settlement, Discusses Securities Tokenization on May 26

GateNews
According to Korea Exchange CEO Jung Eun-bo at a forum held today (May 26), the exchange is advancing the T+1 settlement cycle to align with global markets and is actively discussing securities tokenization. Jung stated that major global markets are reducing settlement periods and expanding trading hours to enhance convenience and efficiency, and that Korea's capital market must adapt to these trends. He emphasized that shortening the settlement cycle from T+2 to T+1 is essential for Korea to match global markets, noting that the U.S. already operates on T+1 and Europe plans to transition by October 2027.
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