Clearing & Settlement

TM2 acts as the central counterparty to all trades on a matched principal basis, clearing all trades in the primary and secondary markets and delivering financial and operational efficiencies to market participants.

TM2 network has a worldwide network of servers hosted and maintained by verified users like Custodians, Issuers, and banks, etc. TM2's distributed ledger is a private secure database that is shared, replicated, and synchronised among these verified users ensuring that the ledger is updated only when cleared transactions that have been authenticated by TM2 in the clearing and settlement chain. This immutable distributed network is a primary security feature of the TM2 Platform.

Clearing & Settlement of Trades​

All trades are settled directly with TM2 through the TM2 Platform, our proprietary financial and trading engine.

Conditions can vary, due to certain Issuer or Custodian procedures, please refer to each individual technology metals’ specification for precise and up to date information.

  • Trade settlement and the corresponding transfer of title occurs immediately upon trade execution.
  • Purchased technology metals can be sold on TM2 immediately.
  • Physical delivery of technology metals varies with each product and geographical location.

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