t2e in the PRN system

t2e has been operating the UK's marketplace for PRNs since the introduction of the regulations in 1998. In almost every year since then, t2e has seen year-on-year growth and now holds a 15% share of the PRN market.

t2e represents neither the buyer nor the seller but aims to find the fairest market price for both parties.

With over 75% of registered Accredited Reprocessors and Exporters using t2e, buyers have access to the most competative prices in the market

For Accredited Reprocessors and Exporters, t2e is like their PRN shop window: they can make one call to t2e and reach the biggest PRN buying community in the market.

Transparency

t2e operates an independent and transparent marketplace for PRNs. This means that t2e represents neither the buyer nor the seller, but achieves a fair market price for both parties. The marketplace is transparent in that the bids and offers shown are those offered by the buyers and sellers themselves, with no hidden costs. Trading fees are clearly highlighted, whereas with brokers, trading fees are hidden.

t2e in the PRN system

Below is a diagram showing the flow of funds and of PRNs, and how t2e services all parties in the system