Euroclear investment & finance definition
The world's largest settlement system for international and domestic bond and equity transactions.
A nine-digit identification code issued jointly by CEDEL and Euroclear. As of January 1991 common codes replaced the earlier separate CEDEL and Euroclear codes.
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Euroclear
One of two principal clearing houses for securities traded in the Euromarket. Euroclear specializes in verifying information supplied by two brokers in a securities transaction and the settlement of securities.
Euroclear One of two main international clearing systems that holds and settles international securities such as Eurobonds. Started in 1968, Euroclear is located in Brussels, Belgium.
Euroclear
Clearing system for international securities transactions set up in 1968 by the Morgan Guaranty Trust Co. in Brussels. Today, Euroclear operates the central securities depositories in France, the Netherlands, Belgium, the U.K.
Euroclear
The Euroclear group is the world's largest settlement system for domestic and international securities transactions, covering both bonds and equities for financial institutions located in over 80 countries.
Usually involves clearer like CEDEL or Euroclear and usually assumes no holidays, local or general.
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ClearStream International (earlier Cedel), Euroclear and SIX SIS are considered ICSDs.
A depository or transaction system established to expedite security transaction settlement. Bonds are normally cleared through Euroclear or Clearstream, via which transactions and deliveries between trading parties are effected by book-entry only.
Funds and listed companies use ISIN codes issued by Euroclear, France's central securities depository. ISIN codes consist of a 12 character alphanumeric sequence, with the first two letter identifying the country of issuance.
The system for the paperless settlement of trades in securities and the holding of uncertified securities in the UK operated by Euroclear UK & Ireland Limited and regulated by the FSA
CPI ...
Common code: A nine digit code that identifies a security. It is used by Euroclear and Clearstream.
Euroclear A major system settling securities trades. Eurojunk High-yield corporate bonds of European companies. Of course, the high yield is compensation for a high probability of default.
Euroclear One of the leading clearing systems for eurobonds. Eurocommercial paper The commercial paper issued in a Eurocurrency. Eurocredit Lending done using Eurocurrency.
 See also: Market, Securities, Option, Basis, Clearing
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