Keler could join T2S pan-European settlement system next year
Hungarian clearing house Keler may join the Target2-Securities system, a pan-European platform for securities settlement, in September 2016, Keler told Hungarian news agency MTI today.
Keler could join T2S in parallel with the accession of its German and Austrian peers.
The system has already been adopted in Greece, Italy, Malta, Romania and Switzerland since its launch this summer. All European Union member states are expected to use the system from February 2017.
Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1
Bulgaria's Household Income, Spending Rise 20% in 2023
Job Fair and Career Prep at Corvinus Starts Tomorrow
Spago Budapest Offering Unique Sunday Brunch Experience
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
