T2S – Target 2 Securities

I think the T2S programme is nothing less than a re-architecture of the Euro area’s securities trading infrastructure. This is worth looking at.

a) Target2
b) T2S (Target 2 Securities)

These resources explain both:
a) http://sfb649.wiwi.hu-berlin.de/papers/pdf/SFB649DP2011-035.pdf and
b) http://www.ecb.int/paym/t2s/html/index.en.html

 

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