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TARGET2 was the real-time gross settlement (RTGS) system for the Eurozone from its phased introduction in 2007-2008 until its replacement with T2 in March 2023. As such, it was one of the Eurosystem 's TARGET Services , replacing the original TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer System) RTGS introduced in ...
That places TARGET2/T2 turnover below CLS and Fedwire but above BOJ-NET (Japan) and CHAPS (United Kingdom), as has been the case throughout the previous decade. [5]: 1.1 The system suffered no outages during 2023; 90 percent of transactions were settled within 38 seconds, whereas 0.09 percent took more than five minutes. [5]: 2
As of late 2024, TARGET Services included T2 for large payments (which replaced TARGET2 in 2023), TARGET2-Securities (T2S) for securities transactions, and TARGET Instant Payment Settlement (TIPS) for instant payments. [1] [2] A fourth service, the Eurosystem Collateral Management System (ECMS), is to complement the TARGET suite in mid-June ...
The services and protocols specified in IEEE 802 map to the lower two layers (data link and physical) of the seven-layer Open Systems Interconnection (OSI) networking reference model. IEEE 802 divides the OSI data link layer into two sub-layers: logical link control (LLC) and medium access control (MAC), as follows:
English: Wireless Networking in the Developing World – A practical guide to planning and building low-cost telecommunications infrastructure (Second Edition), ISBN 978-0-9778093-6-3. Wireless network infrastructure can be built for very little cost compared to traditional wired alternatives.
A Network Termination Device (NTD), network termination (NT), [1] or NTE (for network termination equipment) is a customer-side network interface device used by the Australian National Broadband Network (NBN). Network termination devices provide multiple bridges for customers to access the NBN. There are different types of NTDs for the various ...
TARGET2-Securities, in shorthand T2S, is the Eurosystem's platform for securities settlement in central bank money. [1] T2S offers centralised delivery-versus-payment (DvP) settlement across several European securities markets, without being itself a central securities depository (CSD) since it does not offer CSD services such as custody or asset servicing.
IEEE 802.1ah is an amendment to the IEEE 802.1Q networking standard which adds support for Provider Backbone Bridges.It includes an architecture and a set of protocols for routing over a provider's network, allowing interconnection of multiple provider bridge networks without losing each customer's individually defined VLANs.