T2S definition

T2S means TARGET2-Securities, the Eurosystem service for securities settlement.
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T2S means the Eurosystem’s single technical settlement solution enabling CSDs and national central banks to provide core, borderless and neutral securities settlement services in central bank money in Europe.
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T2S. : means the centralised settlement technical platform for the simultaneous settlement of domestic and cross-border securities transactions, both for the securities component and the equivalent value in central bank currency referred to as Target 2 Securities, of the Eurosystem and used by Monte Titoli for providing the Settlement Service.
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Examples of T2S in a sentence

  • T2S provides to T2S system users (i.e. the T2S operator and, on an optional basis, CSDs, NCBs, and authorised directly connected parties) historical data and statistics to support operational monitoring, regulatory reporting and wider scope statistical analysis.

  • T2S provides to T2S Users via their CSDs or NCBs a central archive for audit and regulatory requirements.

  • If such incidents/problems will have business impacts, a T2S Business Coordination Body will coordinate the business follow-up.

  • If incidents/problems occur in the test and training systems the T2S Service Desk will promptly inform the CSDs, the Eurosystem CBs and the non-euro CBs. If requested by a CSDs/NCBs staff from the 4CB will participate on a best effort basis to information session based on the technical and operational documentation of T2S (GFS, UDFS, UHB, and Manual of Procedure),,as amended from time to time, and give support in the usage of the T2S interfaces.

  • T2S Users directly connected to the system (DCPs), RTGS and Collateral Management Systems (CMS) operators can also contact the T2S Service Desk for any technical inquiry concerning daily T2S operations.

  • In case of an inter-regional recovery the test environments will not be available as long as the live T2S Service has not been transferred back to the original region.

  • T2S offers two separate test and training systems for the T2S Users, namely the External Acceptance Test (EAT) and User Testing (UTEST) environments.

  • The T2S Service Desk provides similar services as described for normal operations, but with different service levels.

  • During normal operation the Service Desk: • provides information on ongoing operational aspects; • provides information on T2S functionality as described in the UDFS; 1 The gateways are owned and operated by the Licensed Network Providers.

  • This SLA will apply as from the day the first CSD migrates to T2S.


More Definitions of T2S

T2S means the Eurosystem technological platform, as defined in the T2S Framework Agreement, used by Monte Titoli for the confirmation and settlement of the Settlement Instructions entered in the Settlement Service;
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T2S means TARGET2-Securities, the Eurosystem service for securities settlement; "TARGET Settlement Day" means any day on which the TARGET2 System is open;
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T2S means TARGET2-Securities (platform) and T2S eligibility shall represent a criterion for securities. If a Participant wants to settle securities transactions using the T2S platform, the Participant needs a securities account with one of the central securities depositories (CSDs) connected to T2S and a dedicated cash account with one of the central banks connected to the platform.
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T2S means the Eurosystem’s single technical settlement solution enabling CSDs and national central banks to provide core, borderless and neutral securities settlement services in central bank money in Europe. (b) Payments in euro: All payments in euro or in any Foreign Currency participating in T2S of principal or in- terest owing under the Notes shall be made through the Domiciliary Agent and the NBB Clearing System in accordance with the NBB Clearing System Regulations and the Clearing Services Agreement. (c) Payment in other currencies: All payments in any Foreign Currency which is not participating in T2S of principal or interest owing under the Notes shall be made through the Domiciliary Agent and Euroclear, Clearstream, Frankfurt Monte Titoli, Interbolsa, SIX SIS and/or Euroclear France (in accordance with the rules thereof, and in accordance with the NBB Clearing System Regulations and the Clearing Services Agreement). (d) Payment subject to fiscal laws: All payments in respect of the Notes will be subject in all cases to any fiscal or other laws and regulations applicable thereto, but without prejudice to the provisions of Condition 6. No commissions or expenses shall be charged by the Domiciliary Agent to the Noteholders in respect of such payments. (e) Appointment of Agents: The Domiciliary Agent, the Paying Agent and the Calculation Agent(s) act solely as agent of the Issuer and do not assume any obligations towards or relationship of agency with any of the Noteholders.The Issuer reserves the right at any time to vary or terminate the appointment of the Domiciliary Agent the Paying Agent and the Calculation Agent(s), provided however, that the Issuer shall at all times maintain a Domiciliary Agent in the NBB Clearing System, one or more calculation Agent(s) where the Conditions so require, a Luxembourg Paying Agent so long as the Notes are listed on the Luxembourg Stock Exchange, a Belgian Paying Agent so long as the Notes are listed on Euronext Brussels, and such other agents as may be required by any other stock exchange on which the Notes may be listed.Notice of any such change shall promptly be given to the Noteholders in accordance with Condition 11. (f ) Non-Business Days: If any date for payment in respect of any Note is not a business day, the Noteholdershall not be entitled to payment until the next following business day nor to any interest or other sum inrespect of such postponed payment. In this paragraph, “business day” means a day (oth...
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Related to T2S

  • M2 is the calendar month, expressed as a number, in which the day immediately following the last day of the Interest Period falls;

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • PM2.5 means particulate matter with an aerodynamic diameter less than or equal to a nominal 2.5 micrometers as measured by a reference method based on 40 CFR Part 50 Appendix L and designated in accordance with 40 CFR Part 53 or by an equivalent method designated in accordance with 40 CFR Part 53.

  • Front Yard means the yard extending across the full width of the lot between the front lot line and the nearest part of any building or structure on the lot.

  • NZME means all companies in the NZME Group including but not limited to APN Holdings NZ Limited, NZME. Publishing Limited, NZME. Radio Limited, GrabOne Limited and all brands and operating companies controlled by or associated with those entities.

  • PM10 means particulate matter with an aerodynamic diameter less than or equal to a nominal 10 micrometers as measured by an EPA reference or equivalent method.

  • ESFA means the Education and Skills Funding Agency.

  • Plinth means the portion of a structure between the surface of the surrounding ground and surface of the floor immediately above the ground.

  • NI 45-106 means National Instrument 45-106 – Prospectus and Registration Exemptions;

  • NI 51-101 means National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities;

  • MT means metric tons.

  • NI 51-102 means National Instrument 51-102 – Continuous Disclosure Obligations;

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • NI 52-110 means National Instrument 52-110 – Audit Committees.

  • WA means Buyer’s authorization in either electronic or tangible form for Supplier to conduct transactions under this Agreement in accordance with the applicable SOW (i.e., a purchase order, xxxx of lading, or other Buyer designated document). A SOW is a WA only if designated as such in writing by Buyer.

  • Pistol means any firearm with a barrel less than sixteen inches in length, or is designed to be held and fired by the use of a single hand.

  • Waterway means any body of water.

  • WADA means the World Anti-Doping Agency.

  • OJEU means the Official Journal of the European Union.

  • NI 45-102 means National Instrument 45-102 – Resale of Securities;

  • IA means the Internal Affairs unit of PPB’s Professional Standards Division (“PSD”).