ECB hails launch of Target2


ECB hails launch of Target2

Target2, the EU-wide real-time gross settlement (RTGS) system for large value payments, has been successfully launched, says the European Central Bank (ECB).

Target 2 explained (explainity® explainer video)

Have you ever wondered what it means when you hear the term Target 2 in discussions about financial instability in the EU? We explain everything you need to know and how it is in fact super simple!

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TARGET2-Securities – Integrated securities settlement without borders

TARGET2-Securities (T2S) is a platform for the centralised settlement of securities transactions within the European Union. T2S went live on 22 June 2015. In a short film, the Bundesbank explains how T2S works, its importance to the German market, and the role played by the Bundesbank.

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Technical synergies deriving from the consolidation of TARGET2 and T2S – 22 March 2016

Marc Bayle, Director General Market Infrastructure and Payments, introduces the key topics to be covered during the event. Representing the four central banks which operate TARGET2 and T2S (Banque de France, Banca d’Italia, Banco de España and Deutsche Bundesbank), Marco Pieroni provides more insights into the technical synergies deriving from the consolidation of the two platforms

Bigger than the GFC – Target 2 and the Euro crisis – Dr Oliver Hartwich

Presentation from Dr Oliver Hartwich, Executive Director, The New Zealand Initiative at The Point 2018 Payments NZ conference June 2018.