Clearstream International

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 Borse Clearing, Clearstream serves as the principle clearing house for transactions in the Euromarket. Now fully owned by Deutsche Borse, it provides clearing services for companies in more than 80 countries. Its main competitors are Euroclear and the Depository Trust and Clearing Corporation.

Clearstream International

An international clearing and settlement organization formed in 2000 through a merger of Cedel International and Deutsche Borse Clearing.
References in periodicals archive ?
23 April 2014 - Luxembourg-based post-trading services provider Clearstream International SA, part of the Deutsche Boerse AG (ETR:DB1) group, has agreed to take over the Ireland-based Financial Institution Hedge Fund custody processing business of global administration and financial services provider Citco Group of Companies, the pair said in a joint statement today.
Vienna, Austria, July 12, 2013 --(PR.com)-- Clearstream International, the international central securities depository (ICSD) and part of the German Stock Exchange Group, manages, secures and administers the securities of its clients.
Due to the high market volatility, it became necessary for Clearstream International to improve the timeliness, coverage and quality of prices and to further concentrate additional securities into its central pricing hub.
The performance of the platform allows Clearstream International to onboard further instruments for centralized pricing in GAIN.
RBC Dexia Investor Services has been appointed to act as the Canadian sub-custodian for the unit of Clearstream International.
Clearstream International is the international central securities depository part of Deutsche Borse Group.
Clearstream International (CI) and its German subsidiary, Clearstream Banking AG (CBF), were accused by the Commission of having refused, from December 1999 to November 2001, to provide certain primary clearing and settlement services to Euroclear for securities issued in Germany and of applying discriminatory rules to the firm.
Lee James extended his supremacy of this season's Challenge Tour by romping into the halfway lead in the Clearstream International Luxembourg Open.
Andre Lussi, a former UBS managing director who leads international clearing and settlement firm Clearstream International, said it's largely a question of culture.