Central securities depository: Difference between revisions
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In addition to safekeeping, a central securities depository may produce comparison, clearing and settlement functions. | In addition to safekeeping, a central securities depository may produce comparison, clearing and settlement functions. | ||
== See also == | == See also == | ||
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* [[International Central Securities Depository]] | * [[International Central Securities Depository]] | ||
* [[Securities settlement system]] | * [[Securities settlement system]] | ||
[[Category:Cash_management]] | |||
Revision as of 10:13, 9 October 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.
