March 06, 2017 BY Valentina Kirilova

Deutsche Börse AG launches trading of money market funds with shorter settlement period of T+1

Five BlackRock Institutional Cash Series plc money market funds are tradable on Xetra From today on money market funds with a shorter settlement period of T+1 are tradable via Xetra, Deutsche Börse just announced. These products are therefore the first class of securities for which transactions are settled on the trading day following order execution.…

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