European Central Securities Depositories Association
European Central Securities Depositories Association
http://www.ecsda.com/Establishing common principles for cross-border activities for efficient and safe securities settlement within the European Union.Clearing Houses and Securities DepositoriesEuropean Central Securities Depositories Association
ECSDA's objective is to offer solutions and provide advice at international level on technical, economical, financial and legal & regulatory matters to reduce risk and increase efficiency in custody, pre-settlement and settlement arrangements
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Clearing house that eliminates settlement risk in FX, allowing payment-versus-payment in central-bank funds in USD, EUR, JPY, GBP, CHF, CAD, AUD, DKK, SEK, NOK, SGD, NZD, ZAR, HKD, and KRW.
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