Central system time schedule

Important

The Test & Training time schedules below are purely indicative. Times may be adjusted ad-hoc and for temporary reasons, i.e. specific requirements. It is recommended to check the latest events directly from the EURO1/STEP1 IWS or STEP2 DPWS.

EURO1 / STEP1 T&T schedule [for STEP2 please see below]:

Event

Live day

T&T day

Discretionary Limit Calculation Cut-off

07:00

07:00

EURO1 Start-up

07:30

08:30

STEP1 Start-up

07:30

08:30

Warning Start-Up

09:30

09:02

STEP1 Sending & Cancellation Cut-off

14:30

13:00

STEP1 Cut-off Report

14:40

13:10

EURO1 (Netting) Cut-Off

16:00

14:00

EURO1 (Netting) Cut-Off Window End

16:05

14:05

Sending of Final Statements

16:30

16:30

Full Limit Calculation Cut-off

18:00

17:00

STEP2 SCT T&T schedule:

Cycle #

Sending cut-off

Information Period (TARGET2)

Settlement Period (TARGET2)

Settlement Model

Output phase (delivery)

M/O

0

17:05

N/A

17:25-17:30

ASI6

17:30-17:35

O

1

17:35

N/A

17:50-17:55

ASI6

17:55-18:10

O

10

18:30

07:30-07:45

07:45-08:00

ASI4

08:00-08:30

M

11

09:00

09:30-09:45

09:45-10:00

ASI4

10:00 –  10:30

M

12

10:30

07:30-07:45

11:15-11:30

ASI4

11:30-12:00

M

20

11:30

12:00-12:15

12:15-12:30

ASI4

12:30-13:00

M

21

12:30

12:45-12:50

12:50-13:00

ASI4

13:00-13:15

M

STEP2 SDD Core and B2B T&T schedule:

 

CORE

B2B

R-messages Sending Cut-off

11:00

12:00

Transmission to TARGET2

12:15

13:15

Information Period

15mn

15mn

Settlement time

12:30

13:30

Settlement Period

30mn

30mn

DD Sending cut-off

15:30

15:00

Delivery windows

15:30
16:00
17:00
18:00
09:00
11:00

15:00
16:00
17:00
18:00
09:00
12:00

STEP2 Card Clearing T&T schedule:

Cycle #

Cut-off Sending

Information Period in TARGET2

 TARGET2 Settlement

Settlement Model

STEP2 Output phase (delivery)

M/O

01

12:20

14:00 -14:10

14:10 – 14:15

ASI4

14:15 – 14:30

M

To download the STEP2 T&T Calendar, please click here.

STEP2 SEDA schedule:

System Phase

Open

Close

Validation Participant 

09:00:00 

16:00:00 

Interoperability

16:00:00 

17:00:00 

Delivery Participant 

17:00:00 

18:00:00