Crest

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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.

CREST

The central securities depository for many British and Irish securities. In particular, it is used to settle gilts in the United Kingdom. Using CREST carries tax advantages for U.K. investors. It allows shares to be traded between investors without the physical certificates needing to change hands. Euroclear has owned it since 2002.

Crest

a paperless settlement system which was introduced in 1996 to cut the costs and speed up the completion of dealings on the UK STOCK MARKET. Under Crest, STOCK and SHARE transactions are recorded electronically, in contrast to the existing parallel system (TALISMAN) which involves the issue of settlement papers and share certificates. However, as with Talisman, investors will still receive a contract note from their broker to confirm their purchase or sale.

Crest

see SHARE PURCHASE/SALE.
References in periodicals archive ?
The Johns Hopkins researchers say their work substantially expedites the creation of neural crest cells from any patient with a neural crest-related disorder, a tool that lets physicians and scientists study each patient's disorder at the cellular level.
Everton manager Roberto Martinez shows off the new club crest design, chosen by the supporters, yesterday
The newly designed crests will be presented alongside a detailed explanation of how each one has been developed.
The crests, arms and monograms you see were cut from letterheads and envelope flaps and are usually just referred to as "crests".
The likes of Dublin, Kilkenny and Meath have all registered new crests in recent seasons for similar reasons.
MAYO will wear the county's traditional crest on their jerseys for the LAST time at next Sunday's All-Ireland football final.
These channels, the first seen on a pterosaur crest, strengthen the argument that these relatives of dinosaurs used their cranial crests to regulate body temperature.
The AD6633's innovative VersaCREST(TM) crest reduction engine enables optimum baseband-to-IF (intermediate frequency) signal conversion by anticipating and reducing power peaks earlier in the signal chain.
This as-yet-un-named beast from the Jurassic period sported an unusual head crest that swept upward in a style resembling the King's famous pompadour, according to the paleontologist who found the animals's skull as well as bones of another type fo dinosaur during a 1991 expedition to the frozen continent.
The CRESTS Units were offered by Hercules and a wholly-owned subsidiary trust.
In addition, Hercules entered into an underwriting agreement to sell 350,000 CRESTS Units at $1,000 per Unit for gross proceeds of approximately $350 million.
Hercules Incorporated (NYSE:HPC) today announced that it expects to commence public offerings of its common stock and CRESTS Units.