T+1 (T+2, T+3) abbreviations refer to the settlement date of security transactions. The T stands for transaction date, which is the day the transaction takes place. The numbers 1, 2 or 3 denote how many days after the transaction date the settlement or the transfer of money and security ownership takes place.
T2S is a platform for securities settlement in the EU where an exchange of delivery of securities vs payment can occur simultaneously.
A transfer agent is a trust company, bank, or similar institution assigned by a corporation for the purposes of maintaining an investor's financial records and tracking each investor's account balance.
Tri-party arrangements involve two counterparties to a transaction and the entity that acts as an independent, third-party collateral agent to manage the collateral securing the transaction. Tri-party structures have long been used for repo and securities lending in global markets.
tZero is a distributed ledger platform and cryptocurrency launched by Overstock. tZero is considered an alternative trading system (ATS) and is regulated by the Securities and Exchange Commission.