CREST
E42909
CREST is the UK’s central securities depository and electronic settlement system used to hold and settle trades in shares and other securities.
All labels observed (2)
| Label | Occurrences |
|---|---|
| CREST canonical | 6 |
| CREST settlement | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
central securities depository
ⓘ
electronic settlement system ⓘ |
| alsoKnownAs |
Euroclear
ⓘ
surface form:
Euroclear UK & International CSD
|
| connectedTo |
Real Time Gross Settlement system
ⓘ
surface form:
Bank of England RTGS system
|
| country | United Kingdom ⓘ |
| currencyOfSettlement |
US dollar
ⓘ
euro ⓘ Pound sterling ⓘ
surface form:
pound sterling
|
| feature |
dematerialised holdings
ⓘ
electronic register of securities ownership ⓘ straight‑through processing ⓘ |
| function |
book‑entry transfer of securities
ⓘ
central securities depository services ⓘ electronic trade settlement ⓘ safekeeping of securities ⓘ |
| handlesInstrumentType |
bonds
ⓘ
gilts ⓘ money market instruments ⓘ other dematerialised securities ⓘ shares ⓘ |
| importance | systemically important payment and settlement system in the UK ⓘ |
| industry | securities settlement ⓘ |
| legalForm | designated system under UK settlement finality regulations ⓘ |
| locatedIn |
London, England
ⓘ
surface form:
London
|
| operatesInJurisdiction | United Kingdom ⓘ |
| operator |
Euroclear
ⓘ
surface form:
Euroclear UK & International
|
| owner | Euroclear ⓘ |
| previousOperator | CRESTCo Limited ⓘ |
| regionServed |
Ireland
ⓘ
United Kingdom ⓘ |
| regulator |
Bank of England
ⓘ
Financial Conduct Authority ⓘ |
| replacedSystem | paper‑based share certificate settlement in the UK ⓘ |
| riskManagementRole | reduction of counterparty risk in securities settlement ⓘ |
| sector | financial market infrastructure ⓘ |
| settlementMode | real‑time gross settlement ⓘ |
| settlementModel | delivery versus payment ⓘ |
| startDate | 1996 ⓘ |
| supportsMarket |
AIM
ⓘ
Irish Stock Exchange ⓘ London Stock Exchange ⓘ |
| supportsProcess |
cash movements related to securities settlement
ⓘ
collateral management ⓘ corporate actions processing ⓘ proxy voting ⓘ settlement of equity trades ⓘ settlement of fixed‑income trades ⓘ stock lending and borrowing ⓘ |
Referenced by (7)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
CREST settlement