Migration of DKK to T2S has passed the Point of No Return
Today, at 21:35 CET, the project of migrating DKK to T2S passed the Point of No Return, and the decision to migrate is now final.
This milestone was reached when Danmarks Nationalbank successfully moved DKK liquidity to T2S, enabling the Danish market to move ahead with the migration.
During the migration weekend, VP is holding ongoing status calls with the customers and data centres that are playing an active role in the technical implementation, ensuring continuous close dialogue between the parties involved.
VP will continue the technical deployment of the DKK solution, in order to be ready for the Night-Time Settlement in T2S starting at 05:10 CET tomorrow morning, Saturday.
Kristoffer Kjelsø Sønderlev
Head of Custody & Settlement Products
With Euronext Securities on T2S you achieve a single point of access to Nordic and European distribution and settlement