Monday June 22 2015
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: European Union
Link: https://www.ecb.europa.eu/press/pr/date/2015/html/pr150622_2.en.html
On 22 June 2015, T2S, a platform that will enable integrated securities settlement across Europe, went live as planned. Four securities depositories and their users are now connected to T2S: the Bank of Greece’s depository for government bonds (BOGS); the depository of the Malta Stock Exchange; Romania’s Depozitarul Central; and SIX-SIS of Switzerland.
This first group of markets migrated smoothly to T2S over the weekend, beginning the rollout of T2S. Italy will be next on 31 August 2015. Three more groups of markets will follow in stages, and the full complement, covering a total of 21 European countries, will have migrated by February 2017.
Click on the link above for further details.