Accelerated Settlement Consultation Paper for Hong Kong Cash Market

HKEX proposes transitioning the settlement cycle for Hong Kong cash market equities from the current T+2 cycle to an accelerated settlement timeline. The consultation paper requests input on potential T+1 implementation approaches, operational requirements, and market readiness considerations.\n\nBroker-dealers, custodians, and investors active in Hong Kong listed securities would need to assess the operational impact of accelerated settlement on their back-office systems, liquidity management, and settlement workflows. Market participants should review the consultation questionnaire and provide feedback to influence the final framework design.