Central Banking

ECB says pan-euro settlement system to cut costs

The European Central Bank said Tuesday 16 January it believes the implementation of an integrated securities settlement system in the euro zone could cut settlement costs by up to 90%.

Feasibility studies published by the ECB suggest that the central bank will push ahead with plans to implement an integrated settlement infrastructure, dubbed Target2-Securities, despite scepticism about the scheme from market participants.

In current market conditions, settlement transactions costs would fall

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: