The United States is making a big change to how fast stock trades happen, cutting down the time to just one day for a transaction to be completed, known as T+1. This change, happening in less than four months, is causing a lot of work for CLS, the biggest company in the world for settling foreign-exchange trades. Since the currency market usually takes two days to settle trades, this new faster stock trade time could lead to problems, especially for international investors who need to get their hands on dollars quickly to buy US stocks.
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