TARGET2-Securities

E353548

TARGET2-Securities is a European platform for the centralized settlement of securities transactions in central bank money across the euro area.

All labels observed (2)

Label Occurrences
TARGET2-Securities canonical 2
TARGET2 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Eurosystem market infrastructure service ⓘ
financial market infrastructure ⓘ
securities settlement platform ⓘ
areaServed euro area ⓘ
currency central bank money ⓘ
developedBy Eurosystem ⓘ
feature auto-collateralisation ⓘ
harmonized settlement day schedule ⓘ
multi-currency capability ⓘ
real-time settlement in central bank money ⓘ
goLiveDate 2015-06-22 ⓘ
governedBy Eurosystem legal framework ⓘ
hasAbbreviation T2S ⓘ
industry securities settlement ⓘ
launchYear 2015 ⓘ
linkedTo TARGET Instant Payment Settlement ⓘ
linked to: TARGET2

TARGET2 ⓘ
linked to: TARGET2-Securities
locatedInJurisdiction European Union ⓘ
mainCurrency euro ⓘ
objective ensure level playing field for CSDs in Europe ⓘ
increase safety and resilience of securities settlement ⓘ
operatedBy Eurosystem ⓘ
overseenBy European Central Bank ⓘ
participantType central banks of non-euro area countries ⓘ
central securities depositories ⓘ
central securities depositories of non-euro area countries ⓘ
national central banks ⓘ
provides centralized settlement platform ⓘ
purpose harmonization of securities settlement in Europe ⓘ
improvement of post-trade efficiency ⓘ
integration of European securities markets ⓘ
reduction of cross-border settlement costs ⓘ
region Europe ⓘ
relatedTo Central Securities Depositories Regulation ⓘ
Single Market for financial services in the EU ⓘ
sector financial services ⓘ
settlementAsset central bank money ⓘ
settlementModel centralized settlement ⓘ
settlementType delivery-versus-payment ⓘ
settles securities transactions ⓘ
standardizes corporate actions processing (in settlement context) ⓘ
interfaces between CSDs and central banks ⓘ
settlement processes ⓘ
supports cross-border securities settlement ⓘ
domestic securities settlement ⓘ
technologyType centralized IT platform ⓘ
timeZone Central European Time ⓘ
uses single technical platform ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Eurosystem → operatesPaymentSystem → TARGET2-Securities ⓘ
TARGET2 → linkedTo → TARGET2-Securities ⓘ
TARGET2-Securities → linkedTo → TARGET2 ⓘ
linked to: TARGET2-Securities