Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Nasdaq CSD appoints Clearstream as its gateway to T2S markets
Industry news

Nasdaq CSD appoints Clearstream as its gateway to T2S markets


10 September 2024 Europe
Reporter: Clelia Frondaroli

Generic business image for news article
Image: Timon/stock.adobe.com
Nasdaq CSD has chosen Clearstream as its gateway to access all securities eligible within TARGET2-Securities (T2S).

Nasdaq CSD will now access the T2S markets via Clearstream’s German central securities depository (CSD). This is said to ensure better harmonisation of asset servicing across T2S CDCs and enhanced liquidity management.

The firms further say this collaboration aims to remove post-trade service barriers in Europe and will deliver cross-border efficiencies to reduce costs for corporations and investors.

Samuel Riley, CEO of Clearstream Securities Services, comments: “Clearstream and Nasdaq share the strong commitment to connecting markets globally. The move allows Nasdaq CSD to offer its participants access to a trusted link network that fulfils the entire range of regulatory and compliance requirements surrounding CSDR whilst providing an efficient, flexible platform.”

Indars AšCuks, CEO of Nasdaq CSD, adds: “This pioneering collaboration with Clearstream not only provides immediate benefits to both Baltic investors and Nasdaq CSD participants but also represents a significant step towards more integrated financial markets in Europe.”
Next industry article →

Spectrum Markets partners with sino
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Liquidity

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →