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Business > Investing > Clearing Houses and Securities Depositories


In some financial markets there are Clearing Houses. These act as central counterparties, and thus reduce or eliminate settlement risk, and often allow netting of transactions.

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Business > Investing > Clearing Houses and Securities Depositories

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Værdipapircentralen

Clears and settles virtually all securities listed on the Copenhagen Stock Exchange.
http://www.vp.dk/

Norwegian Clearing House

Clearing equities, power, and commodities in Norway.
http://www.nos.no/

Options Clearing Corporation

OCC is the issuer and registered clearing facility for all U.S. exchange-listed securities options, including those traded on the American Stock Exchange, the Chicago Board Options Exchange, the Pacific Exchange, the Philadelphia Stock Exchange and The In
http://www.optionsclearing.com/

Board of Trade Clearing Corporation

BOTCC clears for the Chicago Board of Trade and the MidAmerica Commodity Exchange.
http://www.botcc.com/

Canadian Derivatives Clearing Corporation

CDCC is the issuer, clearing house, and hence guarantor of exchange-traded interest rate and equity derivative contracts traded in Canada.
http://www.cdcc.ca/

Clearstream

International clearing and settlement organisation, offering comprehensive services for domestic and cross-border equities, bonds and investment funds.
http://www.clearstream.com/

CREST

Provides real-time settlement for a comprehensive range of UK and international shares, UK government bonds and other corporate securities.
http://www.crestco.co.uk/

European Central Securities Depositories Association

Establishing common principles for cross-border activities for efficient and safe securities settlement within the European Union.
http://www.ecsda.com/

Euroclear

The world's largest settlement system for securities transactions, covering both bonds and equities.
http://www.euroclear.com/

Central Securities Depository

Organization responsible for the clearing and settlement of the Athens Stock Exchange transactions and administration of the Dematerialized Securities System (DSS).
http://www.hcsd.gr/

Monte Titoli

Provides custody, administration, clearing and settlement services for Italian securities.
http://www.montetitoli.it/
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VPC

Clears and settles all trades in the Swedish cash and equity markets.
http://www.vpc.se/

SIS SegaInterSettle AG

Provides the settlement and custody of securities from Switzerland and the world. Swiss central securities depository and global custodian.
http://www.sec.sisclear.com/

Norwegian Central Securities Depository

Also provides DvP in NOK in central bank money, and DvP in Euro in commercial bank money.
http://www.vps.no/

Oesterreichische Kontrollbank

The OeKB handles the clearing and settlement of stock exchange transactions by virtue of a decree of the Vienna Stock Exchange.
http://www.oekb.co.at/

Icelandic Securities Depository

The ISD is a registry, a depository and a clearing house for the settlement of equities and bonds in dematerialised form.
http://www.vbsi.is/

Continuous Linked Settlement

Clearing house that eliminates settlement risk in FX, allowing payment-versus-payment in central-bank funds in USD, EUR, JPY, GBP, CHF, CAD, AUD, DKK, SEK, NOK, SGD, NZD, ZAR, HKD, and KRW.
http://www.cls-group.com/

Depository Trust and Clearing Corporation

Provides clearance, settlement and information services for virtually all equity, corporate debt, municipal debt, government securities, mortgage-backed securities, and emerging market sovereign debt trades in the U.S.
http://www.dtcc.com/

Fixed Income Clearing Corporation

FICC was formed by the merger of the Government Securities Clearing Corporation and the MBS Clearing Corporation, and is a subsidiary of the Depository Trust and Clearing Corporation. Site has press notices and clearing statistics.
http://www.ficc.com/

TriOptima

Operator of TriReduce, a multilateral swap tear-up service.
http://www.trioptima.com/

Midclear

Performs clearing and settlement of Lebanese securities.
http://www.midclear.com.lb/

LCH.Clearnet

Formed by a merger of The London Clearing House Limited and Clearnet, LCH.Clearnet clears swaps, equity settlement, energy, bonds and repo, and futures.
http://www.lchclearnet.com/

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