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By Laila Benyatim – Business Line Manager et Magali Camus – Senior Consultant, Initio
Target 2 Securities is an initiative launched by the European Central Bank (ECB) to create a single settlement platform in order to unify the fragmented securities markets in Europe. The objective of this platform is to create an efficient and an integrated securities infrastructure to the market participants as the current infrastructure is fragmented. This platform will enable the settlement of domestic and cross border securities transactions and will offer gross real time settlement finality in central bank money thanks to the link with Target 2.
T2S intends to:
- Harmonize the settlement processes ;
- Bring down settlement costs of transactions ;...
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