international central securities depository

international central securities depository
"An entity in which securities are held and managed, and which enables transactions to be processed by book entry. An ICSD also settles trades in international securities and in various domestic securities, usually through direct or indirect (through local agents) links to local CSDs. Within Euroclear group, the ICSD offers its services in the Full Service."

Euroclear glossary. 2008.

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