The European Central Bank (ECB) recently published the TARGET2-Securities (T2S) annual report for 2023, revealing a total transaction value of €200.75 trillion. The figure marked an increase of 8.99 per cent in value settled compared to the previous year. Settlement efficiency went up to 94.32 per cent in terms of volume, a 0.62 per cent increase. It “remains a key topic”, writes the ECB, and will continuously be addressed in dedicated market settlement efficiency (MSE) workshops this year.
Read further: T2S annual report: Settlement efficiency still a “key topic” | PostTrade 360°