The indications given by market participants suggest that this is likely to lead to very significant reductions in costs. This will feed through to increased trading activity, reduced trading spreads and lower service prices, thus improving welfare. Europe will benefit from T2S. Commercial service-providers will benefit from the level playing-field that a common platform, harmonised rules and practices and reduced complexity will bring.
Issuers will benefit from lower capital costs. Investors will benefit from better returns. In a nutshell, the CSDs and their users will benefit from the overall economic efficiency of the securities settlement industry. 2  BIS Review 142/2007  We know that the success of the project will depend on its ability to satisfy the needs of stakeholders.