T2S
T2S stands for Target2 Securities, which is a platform that helps people exchange securities (like stocks and bonds) more easily and efficiently.
Imagine you want to buy a toy from your friend, but your friend lives far away. Instead of physically going to your friend's house, you can give them the money online and they can ship you the toy.
Similarly, when people want to buy and sell securities, they used to have to physically transfer the securities from one place to another, which could take a long time and be expensive. But with T2S, they can exchange the securities electronically, which is faster and cheaper.
So, T2S is like an online marketplace for securities, where people can buy and sell them more easily and efficiently.
Imagine you want to buy a toy from your friend, but your friend lives far away. Instead of physically going to your friend's house, you can give them the money online and they can ship you the toy.
Similarly, when people want to buy and sell securities, they used to have to physically transfer the securities from one place to another, which could take a long time and be expensive. But with T2S, they can exchange the securities electronically, which is faster and cheaper.
So, T2S is like an online marketplace for securities, where people can buy and sell them more easily and efficiently.