Central securities depository
- Central securities depository
A central securities depository ("CSD") is a financial institution that custodies securities and provides securities settlement services to one or more markets.
A CSD enables transactions to be processed by book entry. Securities may exist either either as physical certificates (but immobilised within the CSD), or in dematerialised form (i.e., only as electronic records).
CSDs may also be capable of trade clearance and settlement/post-settlement processing of securities and information.
The three largest central securities depositories in the world are The Depository Trust Company, Euroclear, and Clearstream.
Wikimedia Foundation.
2010.
Look at other dictionaries:
Central Securities Depository — A Central Securities Depository (CSD) is an organization holding securities either in certificated or uncertificated (dematerialized) form, to enable book entry transfer of securities. In some cases these organizations also carry out centralized… … Wikipedia
Central Securities Depository — Ein Zentralverwahrer (auch Wertpapiersammelbank, englisch: Central Securities Depository) ist eine Gesellschaft, die die Verwahrung und den Übertrag von Wertpapieren in Form effektiver Stücke oder von Bucheinträgen (dematerialisierte Wertpapiere) … Deutsch Wikipedia
Central Securities Depository — ( CSD) Euroclear Clearing and Settlement glossary An entity which operates a system enabling clients to hold, manage and transfer securities by book entry. Euroclear Clearing and Settlement glossary A Central Securities Depository is a financial… … Financial and business terms
Central Securities Depository — (CSD) An entity which operates a system enabling clients to hold, manage and transfer securities by book entry … Euroclear glossary
international central securities depository — ( ICSD) Euroclear Clearing and Settlement glossary An entity in which securities are held and managed, and which enables transactions to be processed by book entry. An ICSD also settles trades in international securities and in various domestic… … Financial and business terms
international central securities depository — (ICSD) An entity in which securities are held and managed, and which enables transactions to be processed by book entry. An ICSD also settles trades in international securities and in various domestic securities, usually through direct or… … Euroclear glossary
Central Registration Depository (CRD) — A database used by the National Association Of Securities Dealers and the North American Securities Administrators Association to store and maintain information on registered securities and broker firms. The Central Registration Depository can be … Investment dictionary
National Securities Depository Limited — Type Private Industry Business Services Founded 2003 … Wikipedia
Eastern Caribbean Central Securities Registry — The Eastern Caribbean Central Securities Registry (ECCSR) is the Central Securities Depository for the securities traded on the Eastern Caribbean Securities Exchange (ECSE). It is based in Basseterre on the island of Saint Kitts and is a wholly… … Wikipedia
Depository Trust Company — ( DTC) An organization that holds physical certificates for stocks and bonds and issues receipts to owners. Securities held by DTC are immobilized so that they can be traded on a book entry basis. American Banker Glossary ( DTC) DTC is the world… … Financial and business terms
