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Clearstream International

   Also found in: Wikipedia 0.04 sec.
Clearstream International
An international clearing and settlement organization formed in 2000 through a merger of Cedel International and Deutsche Borse Clearing.

Clearstream International
A clearing house that is one of the largest security depository and post-trade financial services companies in the world. Formed in 2000 as the result of a merger between Cedel International and Deutsche B???? Clearing, Clearstream serves as the principle clearing house for transactions in the Euromarket. Now fully owned by Deutsche B????, it provides clearing services for companies in more than 80 countries. Its main competitors are Euroclear and the Depository Trust and Clearing Corporation.


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Andre Lussi, a former UBS managing director who leads international clearing and settlement firm Clearstream International, said it's largely a question of culture.
EPIM, a joint venture of Euroclear, Clearstream International, and The Depository Trust & Clearing Corporation, standardizes the messaging link for the ECP market, enabling dealers, issuing and paying agents, and national numbering agencies to exchange issuance information and obtain ISINs from the clearing systems quickly.
JC Penney, LexisNexis, Michael's Stores, New York Life, Naval Reserve, and Sallie Mae; in Europe, Societe Generale Group (France), Banco Pastor (Spain), Clearstream International (Belgium), Deutsche Post AG (Germany), Marks & Spencer and Tesco (U.
 
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