Central securities depository: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing) |
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(CSD). | (CSD). | ||
A facility for holding securities that allows securities transactions to be processed by book entry. | A facility for holding securities that allows securities transactions to be processed by book entry. | ||
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* [[International Central Securities Depository]] | * [[International Central Securities Depository]] | ||
* [[Securities settlement system]] | * [[Securities settlement system]] | ||
Revision as of 05:31, 3 August 2013
(CSD).
A facility for holding securities that allows securities transactions to be processed by book entry.
Physical securities may be immobilised by the depository or securities may be dematerialised (solely recorded as electronic records).
In addition to safekeeping, a central securities depository may produce comparison, clearing and settlement functions.
