This section allows cross-market comparisons.
Clearing and Settlement Platforms

USD and other Foreign Currency-Denominated Securities

Clearstream, Euroclear, and the Depository Trust & Clearing Corporation (DTCC) are post-trade financial service providers that offer clearing, settlement, and custody for a wide range of domestic and internationally-traded foreign bonds and equities. The 1999 merger of Cedel International and Germany's Deutsche Börse Clearing created Clearstream.

Settlement of transactions on the Luxembourg Stock Exchange can be conducted through any clearing system recognized by the exchange.

Local Currency Securities

For market specific information on local registries, clearing, and settlement systems please refer to the individual market home pages.

A publication from the Asian Development Bank (ADB), which is linked below, reviews existing national settlement systems and their linkages. The table below summarizes the bond settlement systems in the region.

 

Bond Settlement Systems table