Euroclear

Euroclear, or the Euroclear Group, is a Belgium-based financial market infrastructure group that specialises in the central securities depository (CSD) segment. It traces its origins to the Euro-clear System developed in 1968 by Morgan Guaranty (a predecessor of JPMorgan Chase) in Brussels to settle trades on the then developing eurobond market. The service was rebranded Euroclear (without hyphen) in 1990.

Key facts

Company.name: Euroclear Holding SA/NV
Company.logo: Euroclear-logo-RED.jpg
Company.image: Brussels - Euroclear HQ.jpg
Company.image_caption: Euroclear group head office in Brussels
Company.founder: Morgan Guaranty
Company.location_city: Brussels
Company.location_country: Belgium
Company.industry: Finance
Company.products: Central securities depository
Company.members: 2,000+
Company.num_employees: 6000 as of 2024

via Wikipedia infobox

~10 min read

Encyclopedic overview

10 sections

Contents

History
Frozen Russian central bank reserves
Operations
Ownership
Leadership
Chairs
Chief Executives
See also
References
External links

In late 2000, the Euroclear System was transferred to a new entity, Euroclear Bank, a fully owned subsidiary of the Euroclear Group that has remained one of the world's two leading international CSDs, the other being Clearstream Banking SA in nearby Luxembourg. Other entities of the Euroclear group include major national CSDs acquired by Euroclear in the 2000s in Belgium, Finland, France, the Netherlands, Sweden, and the UK.

Excerpted from Wikipedia’s “Euroclear” article, available under the CC BY-SA 4.0 licence.