Thursday March 12 2015
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: European Union
Link: https://www.ecb.europa.eu/paym/t2s/about/press/html/index.en.html
The Eurosystem and the CSDs and national central banks participating in Target2-Securities (T2S) started community testing on 2 March 2015. The activities began with the uploading of the initial cash balances and securities positions. The preliminary steps have been completed and the communities (i.e. the directly and indirectly connected parties) of the wave 1 CSDs and central banks are now able to test their interaction with T2S.
The platform is due to go live on 22nd June 2015.
Click on the link above for further details.