The International Capital Markets Association (ICMA) and Rule Financial are launching a joint survey into industry preparedness for and attitudes towards Target 2 Securities (T2S).
ICMA said that given the far-reaching impact that T2S will have on cash bond and repurchase agreement (repo) trading practices, the European Repo Council (ERC), which forms part of ICMA, has commissioned the survey to assess industry sentiment towards and readiness for one of Europe’s most important infrastructure projects.
Both ICMA and the ERC hope that the survey results will shed light on industry participants’ understanding of T2S and its potential consequences for individual firms in terms of costs, resources and opportunities. This knowledge will then be used by the ERC to help guide and shape its approach to the provision of T2S information, guidance and training to its members.
The final survey findings will be presented at the ERC general meeting in London on Wednesday 19 November 2014, from 9:00 to 14:00 at The London Stock Exchange, 10 Paternoster Square, London, EC4M 7LS. This will be an open meeting and all are welcome to attend.
To participate in the ICMA and Rule Financial T2S survey, click
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