ASIFMA in the News: ASIFMA referenced in NewsBytes story “T+0 trade settlement in India soon: Why it matters”

“Despite India’s stock market being on the cusp of a major advancement, foreign portfolio investors have expressed their reservations about same day payments regime.They believe that such a transition will pave way for liquidity concerns.Asia Securities Industry and Financial Markets Association (ASIFMA) warns that the decision can fragment market volumes due to the existence of two settlement cycles.”