1. What is US T+1? According to the latest regulations of the Securities and Exchange Commission (SEC), starting from 28 May 2024, the standard settlement cycle for transactions in U.S. securities will be shortened from two business days after the trade date (T+2) to one business day after the trade date (T+1). 2. Which securities…Read more
SoFi Hong Kong Blog
Bundlenomics When streaming first became a thing, it promised to replace the need for cable TV and lower prices for consumers. Why have hundreds of channels, when you can only pay for what you actually watch? But we all know what happened next. A plethora of streaming services mean that many households spend as much…Read more
Tariff Shock Last week, President Joe Biden announced higher tariffs aimed at Chinese electric vehicles and components, including a 100% tariff on all Chinese EVs, and a 25% levy on EV batteries and parts produced in the country. These changes are intended to help shore up U.S. jobs and reduce economic reliance on China. But…Read more