Membership
Why join t2e?
Membership offers a structured, regulated framework where each member is treated equally and can operate within a level playing field.
- 500Over 500 active members
- 98%of compliance schemes
- 71%of accredited sellers
- 52%of all independently registered companies
What are the benefits?
1. Complete price transparency
The t2e platform is the only place where you can get up-to-date price information from real PRN transactions based on standardised contractual terms. This enables you to benchmark the cost of PRNs in the most accurate way possible. The price you see is the price you get: there are no extra fees or in-built costs to calculate, which makes everything simple and straightforward.
2. Swift and accurate settlement
Our processes are fast and rigorous. We ask people to settle transactions within 72 hours or 3 working days, and have a dedicated settlements team who monitor the process. This saves the time you spend on administration.
3. Comprehensive market intelligence
As a member you have full access to a wealth of market intelligence, including live prices, historic prices and a range of options to compare the market: everything you need to make informed decisions and to react quickly and confidently to market fluctuations.
4. Dedicated account management
As a t2e member you’ll also get your own account manager to support you at every stage, from set-up to trading through to settlements, day-to-day queries and dispute resolution. Your account manager will send you the latest data and insight, helping you to feel fully in the picture.
Who can join?
t2e buyers can be:
- Obligated companies, either individually registered or as part of a compliance scheme
- Compliance schemes
- Representatives of one or more of the above
t2e sellers can be:
- A reprocessor
- An exporter
- Representatives of one or more of the above
t2e representatives might be:
- A compliance scheme
- A broker
What’s the cost?
There’s no joining fee for the first compliance year (which runs from December to January). The cost in year 2 is £100. This is charged retrospectively at the end of the trading year and discounted if the following criteria are met:
Is it secure?
Safety and security are cornerstones of t2e’s business operation. t2e members are protected by the t2e rulebook, and stringent anti-default measures are in place to allow all participants to trade with confidence. Funds originating from trading activity are held in a ring-fenced account and are only released once strict criteria have been met. Use of the marketplace services provided by t2e is password protected, and passwords can only be changed by authorised personnel.
What’s the alternative?
The alternative would be to source buyers and sellers of PRNs independently. You would need to scour the market, find a consistent supply of sellers or buyers, locate reliable and up-to-date prices, and trade and settle these yourself.
