T2S processing 45% of total volume as Wave 3 depositories come onboard

Source: European Central Bank

We are happy to welcome five new central securities depositories to T2S!

Having successfully migrated over the past weekend, Euroclear Belgium, Euroclear France, Euroclear Nederland, VP Lux (Luxembourg) and VP Securities (Denmark) began operating on the platform as of 12 September 2016.

With wave 3 on board, T2S is now processing about 45% of the total transaction volume expected after the end of full migration in 2017. The next migration wave (wave 4) is planned for 6 February 2017.

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