Euronext confirmed in April plans to acquire Danish central securities depository VP Securities in the exchange group’s latest takeover.
Experts say sub custodians and CSDs will maintain different roles in settlement industry in light of T2S rollout.
VP Securities and VP Lux confirm client readiness, while Euroclear says migration is on track.
The LSE's globeSettle will become Europe's first CSD to implement blockchain technology.
The ECB has set out a new migration plan for T2S amid delays in implementation by some CSDs.