Euroclear

Not used anymore; replaced by the Common Code on January 1, 1991. Company Extensions and Security Identifiers
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One of two principal clearing systems in the Eurobond market. It began operations in 1968, is located in Brussels, and is managed by Morgan Guaranty Bank. The New York Times Financial Glossary
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The Euroclear group is the world's largest settlement system for domestic and international securities transactions, covering both bonds and equities ( equity) for financial institutions located in over 80 countries. Bloomberg Financial Dictionary
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One of the two Eurobond clearing and settlement agencies. The other is CEDEL. It can also be used for settlement of German, French and UK government debt. Dresdner Kleinwort Wasserstein financial glossary

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Euroclear Eu‧ro‧clear [ˈjʊərəʊklɪə ǁ ˈjʊroʊklɪr] noun [singular] FINANCE
an international clearing house (= payment system) for bonds and other Securities operated by Morgan Guaranty Brussels for the banks that own it

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   International clearing organization that provides clearance/settlement and borrowing/lending of securities and funds through a computerized book-entry system. The system covers both bonds and equities and serves major financial institutions in more than 80 countries.
   ■ www.euroclear.com

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Euroclear UK US /ˈjʊərəʊklɪər/ noun TRADEMARK STOCK MARKET
an international financial organization that other organizations use for managing payments relating to buying and selling bonds, shares, etc.

Financial and business terms. 2012.

Look at other dictionaries:

  • Euroclear SA/NV — The parent company of the group (I)CSDs. Euroclear SA/NV owns the group s shared securities processing platforms and delivers a range of services to the group s depositories, including development of its technology platform. Euroclear SA/NV, a… …   Euroclear glossary

  • Euroclear — is a user owned, user governed Brussels, Belgium based financial services company that specializes in the settlement of securities transactions. It was founded in 1968 as part of J.P. Morgan Co.Euroclear settles domestic and international… …   Wikipedia

  • Euroclear — est une société internationale de dépôt et de règlement/livraison pour les obligations, actions et fonds d investissement, créée en 1968 à Bruxelles. Elle est l un des deux dépositaires centraux internationaux de titres (International Central… …   Wikipédia en Français

  • Euroclear — Bank SA Rechtsform SA Gründung 1968 Sitz Brüssel …   Deutsch Wikipedia

  • EuroClear — созданный в 1968г. международный депозитарно клиринговый центр, обслуживающий внебиржевой международный фондовый рынок. Позволяет осуществлять мультивалютные расчеты. EuroClear выполняет функции клирингового центра, депозитария и расчетной… …   Финансовый словарь

  • Euroclear — A clearing system which provides buyers and sellers of internationally traded securities with a method of settling transactions in such securities either free of or against payment in a wide range of currencies. It also provides custody services… …   Law dictionary

  • 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 is market owned and… …   Investment dictionary

  • Euroclear SA/NV — The parent company of the group ( I)CSDs. Euroclear SA/NV owns the group s shared securities processing platforms and delivers a range of services to the group s depositories, including development of its technology platform. Euroclear SA/NV, a… …   Financial and business terms

  • Euroclear — Clearing System (⇡ Clearing) für größere internationale Transaktionen in Dividendenwerten. E. wurden 1968 von der Morgan Guaranty Trust Company im Zusammenhang mit der Errichtung der International Deposity Receipts (IDRs) entwickelt. Benutzer… …   Lexikon der Economics

  • EUROCLEAR — клиринговая система расчетов между банками на вторичном рынке еврооблигаций и других ценных бумаг; одна из двух основных клиринговых систем на рынке еврооблигаций; действует с 1968 г. Находится в управлении Morgan Guaranty Bank (Морган Гаранти… …   Словарь электронного бизнеса

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