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Express News | MSCI - Changes, IF Any, in the Fif / Dif for Saudi Aramco on Account of the Secondary Offering Would Be Implemented as of the Close of June 12, 2024
Express News | MSCI Inc - Will Assess Institutional Investor Allocation and Confirm Saudi Aramco's Fif/ Dif Based on Available Information No Later Than June 10
Express News | MSCI - in the Calculation of Saudi Aramco's Fif/ Dif Post the Offering, MSCI Will Consider the Individual Investor Allocation as Free Float
Express News | MSCI - Due to Significant Size of Saudi Aramco Secondary Offering, MSCI Intends to Implement Changes in MSCI Indexes Resulting From the Offering
Wall Street Trade Failures Tick Higher as Next T+1 Test Arrives
US Clearing House DTCC: T+1 target achieved, related issues have been resolved
On the first day of implementation of the new single-day settlement rules, the financial industry achieved a key goal of speeding up the processing of US securities transactions, despite some delays in the overnight settlement system. According to data released by Depository Trust & Clearing Corp. (Depository Trust & Clearing Corp.) on Wednesday, about 92.76% of transactions had been “confirmed” as of 9 p.m. EST on Tuesday — a mandatory step before settlement. This exceeds the DTCC target of 90%. DTCC has stated that this is an increase in maintaining market efficiency and avoiding transaction failures