INTERNATIONAL CENTRAL SECURITIES DEPOSITORY


Meaning of INTERNATIONAL CENTRAL SECURITIES DEPOSITORY in English

A securities settlement system which clears and settles international securities or cross-border transactions in domestic securities. At present, there are two ICSDs located in EU countries: Clearstream Luxembourg and Euroclear Bank.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.