BNY Investments
Market insights and commentary from BNY Investments.
United States2 articlesLast published 10 Jun 2026
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BNY InvestmentsIndustry
Europe’s T+1 settlement shift: implications for ETF servicing models | BNY
BNY analyzes the operational and structural implications of Europe's planned move from T+2 to T+1 securities settlement in October 2027, focusing on how compressed timelines affect ETF primary market workflows, FX execution, cross-border funding, and post-trade servicing models. The piece identifies automation, intraday workflow synchronization, and modernized SLAs as the three critical priorities for asset managers and service providers preparing for the transition.
10 Jun 2026
BNY InvestmentsIndustry
A Guide to ETF Share Classes | BNY
BNY provides a practical explainer on the ETF share class structure, covering its mechanics, regulatory background (including the expiry of Vanguard's patent and the SEC's first approval to DFA in November 2025), and six key operational and governance considerations for asset managers evaluating the dual-share class model. The piece also outlines BNY's own servicing readiness across asset servicing and Pershing to support clients launching ETF share classes.
9 Jun 2026