Depozitarul Central has secured a contract with the European Central Bank (ECB), Mondovisione reports. The Romanian central securities depository will participate in the first wave of implementation of Target2-Securities (T2S).

Depozitarul Central will enable its customers to efficiently settle all of their Euro-zone and other T2S securities in central bank money. T2S is expected to go live on September 22, 2014.

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