US corporate securities settlement failures hit four-year high
US primary dealers reported $136 billion of corporate securities settlement failures in the week ending September 23, the most since 2022 and the second-highest weekly total in more than a decade of data.
Of the total, $70.9 billion were failures to deliver securities and $65 billion failures to receive them.
Across all securities categories, settlement failures rose to $616.2 billion that week
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