Clearstream

Clearstream is a pust-trade service provider owned by Deutsche Borse AG and is one of the two European International Central Securities Depositories. The firm manages, safe-keeps and administers the securities that it holds on behalf of its customers and ensures that cash and securities are delivered between trading parties. In addition to this it also manages domestic and internationally traded bonds, equities and investment funds. The firm's services include asset management, cash and banking, global securities financing, investment fund, issuance, information technology and market coverage services. Clearstream International operates securities settlement systems based in both Luxembourg and Germany, which allow for the holding and transfer of securities. The firm was was formed in 2000 and is headquartered at Luxembourg.