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3,817
Euroclear
Type | Cooperative |
---|---|
Members | 2,000+ |
Number of employees | 3,817 as of 2016 |
Divisions | Euroclear Bank Euroclear Belgium Euroclear Finland Euroclear France Euroclear Nederland Euroclear Sweden Euroclear UK & Ireland EMXCO |
Website | www.euroclear.com |
Euroclear acts as a central securities depository (CSD) for its clients, many of whom trade on European exchanges. 2 Most of its clients consist of banks, broker-dealers, and other institutions professionally engaged in managing new issues of securities, market-making, trading, or holding a wide variety of securities.
Euroclear Bank provides settlement and related securities services for cross-border transactions involving domestic and international bonds, equities, investment funds and derivatives. Euroclear Bank, as a single purpose bank, is the only credit institution in the Euroclear group.
Euroclear settles domestic and international securities transactions, covering bonds (MTNs and more), equities, derivatives and investment funds. Euroclear provides securities services to financial institutions located in more than 90 countries.
Euroclear Bank is part of the Euroclear group (which also includes domestic CSDs in France, the UK, Ireland, Sweden, Finland and Benelux), while Clearstream is fully-owned by Deutsche Boerse AG (DBG, which incorporates the German stock exchange, the German CSD and Eurex Clearing).
Euroclear group As a world leader in settlement automation, we can settle almost every domestic and international securities transaction, helping to drive down risk with: Straight-Through Processing (STP) rates of up to, and above, 99%
The cost associated with settlements in Euroclear Bank is approximately £3.00 per settlement. This cost is subject to change due to the number of settlements, messaging and associated processing that can vary monthly. All settlement related fees are passed through at cost.
Depository Trust & Clearing Corporation
The Depository Trust & Clearing Corporation (DTCC), through its subsidiaries, provides industry-leading solutions to safeguard the world’s financial markets.
Whereas CSDs were primarily created to serve their domestic market, ICSDs or “international CSDs” were created in the 1970s to settle eurobonds, i.e. international bonds denominated in a different currency from that of the country in which they are issued.
Deutsche Börse
Deutsche Börse Dienstleistungs AG
Clearstream/Parent organizations
Clearstream is a post-trade services provider owned by Deutsche Börse AG. It provides settlement and custody as well as other related services for securities across all asset classes. It is one of two European International central securities depositories (Euroclear being the other).
Clearstream Banking AG in Frankfurt is the CSD in Germany. It serves as the issuer CSD for debt, equities, investment funds, warrants and structured products issued by German and international financial institutions and corporates. For example, German government bonds are deposited in its vaults in Frankfurt.
Euroclear settles domestic and international securities transactions, covering bonds, equities, derivatives, and investment funds. Euroclear provides securities services to financial institutions located in more than 90 countries.
Euroclear is a Belgium-based financial services company that specializes in the settlement of securities transactions as well as the safekeeping and asset servicing of these securities.
The total value of securities transactions settled for you by the Euroclear group is over €837 trillion per annum. Our multi-lingual, highly trained team of professionals based in Europe, Asia, the Middle East and the Americas are committed to providing personalised support.
Euroclear Bank Participants List 1 Euroclear Bank Participants List Participant Name BIC Code Participant Code