Clearstream launches T2S Investor-CSD model by migrating 5 markets

Deutsche Börse Group’s post-trade services provider Clearstream has successfully migrated the Belgian, Dutch, French, Italian and Luxembourgish markets onto its new TARGET2-Securities (T2S) Investor-CSD model. It thereby brings the first real cross-border volume onto the ECB’s pan-European settlement platform.

With this move, the vision of a harmonized settlement landscape for securities across national borders finally becomes a reality. Approximately 80% of the custody and settlement volume of T2S markets is now available through Clearstream’s Investor-CSD service, according to the latest 2016 full year figures published by the European Central Bank.

Clearstream is the first CSD to deploy a fully-fledged Investor-CSD strategy that allows its customers to access all T2S markets, in central bank money, and the international market through a single point of access. The roll out takes place on a market-by-market basis, further T2S-connected markets will follow over the coming months.

Read the full release

Related Posts

Previous Post
Reuters: BoE tells markets to start ditching LIBOR
Next Post
IMF report finds “a bumpy road ahead” for financial stability

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account