CREST

CREST is CrestCo's real-time settlement system for UK and Irish shares and other corporate securities. CrestCo has provided settlement systems for government bonds and money market instruments in the UK since 1990. Bloomberg Financial Dictionary
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The CREST settlement system was launched in July 1996 to replace TALISMAN, the settlement system operated by the Stock Exchange which ceased to operate in April 1997. CREST is owned by CrestCo Limited, an independent service company owned by a consortium of market participants. CREST is an RCH (see Recognised Clearing House). CREST currently permits certificated and uncertificated settlement (see dematerialised holdings), of UK and Irish equities and corporate loan stocks. CREST's benefits are more apparent as a paperless system facilitating faster settlement including T + 0. Dresdner Kleinwort Wasserstein financial glossary
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CREST is Euroclear UK & Ireland's real-time settlement system for UK and Irish shares and other corporate securities. Euroclear Clearing and Settlement glossary
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The paperless share settlement system through which trades executed on the Exchange's markets (and elsewhere) can be settled. CREST is operated by CRESTCo, and was introduced in 1996.
See settlement. London Stock Exchange Glossary

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CREST CREST [krest] noun
FINANCE in Britain and Ireland, an electronic system of making payments when trading shares etc

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Crest UK US /krest/ trademark (also CREST)
FINANCE, STOCK MARKET the electronic system through which the London Stock Exchange manages the buying and selling of stocks and shares

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Crest — may refer to: Contents 1 In science 2 In popular culture 3 In commerce 4 Places 5 Acronyms …   Wikipedia

  • CREST — is the Central Securities Depository for the U.K., Republic of Ireland, Isle of Man and Jersey equities and UK gilts. It operates a settlement system, allowing trades that have been agreed to be settled.It allows shareholders and bondholders to… …   Wikipedia

  • Crest — bezeichnet Orte in Frankreich: eine französische Stadt im Département Drôme, siehe Crest (Drôme) davon abgeleitet die beiden Verwaltungsgebiete Kanton Crest Nord und Kanton Crest Sud eine französischen Gemeinde im Département Puy de Dôme, siehe… …   Deutsch Wikipedia

  • Crest — (kr[e^]st), n. [OF. creste, F. cr[^e]te, L. crista.] 1. A tuft, or other excrescence or natural ornament, growing on an animal s head; the comb of a cock; the swelling on the head of a serpent; the lengthened feathers of the crown or nape of bird …   The Collaborative International Dictionary of English

  • Crest — Saltar a navegación, búsqueda Crest …   Wikipedia Español

  • CREST — Saltar a navegación, búsqueda CREST es un síndrome de escleroderma. Su nombre es un acrónimo de sus características clínicas: Calcinosis (depósitos de calcio). Fenómeno de Raynaud. Disfunción esofágica. Esclerodactilia. Telangiectasias… …   Wikipedia Español

  • crest — crest·al; crest; crest·ed; crest·ing; crest·less; crest·more·ite; crest·fall·en·ly; crest·fall·en·ness; …   English syllables

  • crest — [krest] n. [ME creste < OFr < L crista, prob. < IE base * (s)kreis , to shake > MIr cressaim, I shake, ON hrista, to shake] 1. any process or growth on the head of an animal, as a comb or feathered tuft on certain birds 2. a plume or… …   English World dictionary

  • Crest — Crest, v. t. [imp. & p. p. {Crested}; p. pr. & vb. n. {Cresting}.] 1. To furnish with, or surmount as, a crest; to serve as a crest for. [1913 Webster] His legs bestrid the ocean, his reared arm Crested the world. Shak. [1913 Webster] Mid groves… …   The Collaborative International Dictionary of English

  • CREST — es un síndrome de escleroderma. Su nombre es un acrónimo de sus características clínicas: ● Calcinosis (depósitos de calcio). ● Fenómeno de Raynaud. ● Disfunción esofágica. ● Esclerodactilia. ● Teleangiectasias (dilatación de pequeños vasos).… …   Enciclopedia Universal

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