Still on the CREST of a wave

In the 30th anniversary of CREST’s inception, Peter Taylor-Whiffen looks at how it revolutionised the Stock Exchange and the equities market

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To those who don’t remember the days of T+10, when settlement occurred ten days after a transaction date, it must seem like a system from another world. And there will be millions who don’t – it is now 30 years since the introduction of CRESTthe settlement system created by the London Stock Exchange (the Exchange), Bank of England (BoE) and the Treasury, that automated and revolutionised trading.

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Published: 06 Apr 2023
Categories:
  • Corporate finance
  • Wealth Management
  • Fintech
Tags:
  • featured
  • T+2
  • Scott Dobbie
  • Hugh Simpson
  • Pen Kent
  • TAURUS
  • CREST 30th anniversary
  • London Stock Exchange
  • share certificates
  • CREST

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