An international central securities depository (or clearing system) in Luxembourg, which provides buyers and sellers of internationally-traded securities with a method of settling transactions in securities either free of or against payment in a wide range of currencies.

It is operated by Clearstream Banking, société anonyme, a division of Clearstream International Luxembourg, which is owned by Deutsche Börse Frankfurt.

Clearstream also provides custody services and stock lending or borrowing services within its systems.

For further information, see the Clearstream website.

For more on clearing securities transactions, see Practice note, Clearing and settling securities.