Extension of T2S Partial Settlement Windows
LuxCSD1 informs customers about the extension of two T2S Partial Settlement Windows during the Real-Time Settlement period effective
Monday, 9 December 2019
in the T2S production environment.
In November 2018, a workshop on settlement efficiency took place, identifying improvements in securities settlement on the basis of simulation results of T2S settlement efficiency. The simulation results showed that not all pending instructions can be processed in the "15-minute windows". Therefore, it was proposed that an extension of the Partial Settlement Windows at 08:002 and 15:45 is necessary. In March 2019, the T2S Operational Managers Group (OMG) agreed to the extension of these two windows from 15 to 30 minutes.
Updated time line for T2S Partial Settlement Windows
With the implementation of the Change Request “T2S-0694-URD – Extension of the 08:00 and 15:45 partial settlement windows“ on 9 December 2019 the following times will be effective in the T2S production environment:
|Partial Settlement Window||T2S Production:|
Start execution time
effective 9 December 2019
Partial Settlement 1
|The Partial Settlement Window is scheduled for 30 minutes.|
Partial Settlement 2
|The Partial Settlement Windows are scheduled for 15 minutes.|
|Partial Settlement 3|
|Partial Settlement 4|
Partial Settlement 5
The Partial Settlement Window is scheduled 30 minutes before the Euro DvP cut-off time and deactivated at the closure of the same day T2S Euro DvP settlement.
For further information, customers may contact LuxCSD Client Services or their Relationship Officer.
1. LuxCSD S.A. (LuxCSD), registered office at 42, Avenue J.F. Kennedy, L-1855 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B-154.449.