Examples of T2S platform in a sentence
In the event that the Payment Bank uses a DCA account, the settlement of the operation is performed by submitting settlement instructions free of delivery (PFOD) to the T2S platform in "hold" and already matched.
The T2S platform provides harmonised and commoditised delivery-versus-payment settlement and corporate actions processing in central bank money.
To the settlement instructions is attributed to the state of ‘’release’’ unless one of the four indicators "hold" provided by the T2S platform (Party Hold, Hold CSD, CSD Validation Hold, Hold cOsd) is activated.
Failing that, it is not possible to proceed to the configuration of the Participant on the T2S platform and therefore Monte Titoli will not allow the start of operations of the same.
Developments include an increase in central clearing, the entry into application of the variation margins requirements for OTC derivatives, the introduction of trade repositories to collect reporting data, the introduction of intra-day settlement and finality and the launch of the T2S platform, just to mention some of the major changes.
The X-TRM Service allows the cancellation of settlement instructions sent to the T2S platform, in the manner and within the limits specified in the document T2S User Requirements.
With reference to the contracts to be settled via Monte Titoli or other CSDs using the T2S platform, sell out-notices may be sent from the end of the original settlement day (by 18.00; if the notice is sent after such time, it shall be deemed to have been sent on the following day).
The T2S platform provides harmonised and commoditised delivery-versus-payment settlement in central bank money.
The contracts can be settled at the settlement system managed by Monte Titoli or other CSDs using the T2S platform allowing for cross-CSD settlement, as defined in the Monte Titoli Settlement Service Regulations4.
For contracts to be settled via Monte Titoli or other CSDs using the T2S platform, at the sell-out execution date Borsa Italiana shall request Monte Titoli to delete the settlement Instructions of the original contracts from the settlement system.