In the largest migration to date, the Wave 4 group of the Target 2 Securities (T2S) effort saw six central securities depositories (CSD) going live, doubling the volumes on the pan-European securities settlement platform. This brings the total to 18 CSDs from 16 countries representing more than 80 percent of European securities. Five of the… Read More >>
Unified Settlement Push in Europe Hits Speed Bumps
The European Central Bank (ECB) has rescheduled the implementation of its Target 2 Securities (T2S) program, allowing one of the largest central securities depositories (CSDs) to delay migration until September 2016. The delays, however, are not likely to derail the T2S push, launched in June 2015 to create a single European platform for securities settlement…. Read More >>
