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.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
central securities depository
→
electronic settlement system → |
| alsoKnownAs |
Euroclear UK & International CSD
→
|
| connectedTo |
Bank of England RTGS system
→
|
| country |
United Kingdom
→
|
| currencyOfSettlement |
US dollar
→
euro → 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
→
|
| operatesInJurisdiction |
United Kingdom
→
|
| operator |
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 (2)
| Subject (surface form when different) | Predicate |
|---|---|
|
EZJ
→
|
clearingSystem |
|
London Stock Exchange
→
|
settlementSystem |