As the implementation of the second phase of the Spanish Market Reform and the migration to the Target 2 Securities platform (T2S) approaches, EuroCCP has published the migration plan on its website.
The Migration Weekend of the final T2S Wave is scheduled for the weekend of 16 – 17 September 2017 and the first settlement date will be Monday 18 September 2017. EuroCCP’s migration plan provides a detailed description of the following processes that will take place over this final weekend:-
- Migration of pending instructions.
- Corporate action handling during the migration weekend.
- PTI communication.
- EuroCCP communication.
- Client readiness.
Further details on the Migration Weekend process can be found within EuroCCP migration plan T2S Wave 5 – Spain.