primary CSD

primary CSD
In relation to holdings of a particular security, the CSD in which the holdings are admitted where no other CSD intermediates between the first CSD and the issuer. Euroclear Clearing and Settlement glossary

Financial and business terms. 2012.

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  • primary CSD — In relation to holdings of a particular security, the CSD in which the holdings are admitted where no other CSD intermediates between the first CSD and the issuer …   Euroclear glossary

  • non-group CSD security — In the context of the Domestic Service, it is a security eligible in a Euroclear Group CSD but for which no Euroclear Group CSD is a Primary CSD. Formerly known as: foreign security. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • non-group CSD security — In the context of the Domestic Service, it is a security eligible in a Euroclear Group CSD but for which no Euroclear Group CSD is a Primary CSD. Formerly known as: foreign security …   Euroclear glossary

  • group CSD security — In the context of the Domestic Service, it is a security for which a Euroclear Group CSD is a Primary CSD. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • group CSD security — In the context of the Domestic Service, it is a security for which a Euroclear Group CSD is a Primary CSD …   Euroclear glossary

  • domestic inter-CSD transactions — When the security is eligible in several Euroclear group CSDs and one party is instructing on a depot with the primary issuer CSD and the other is instructing on a depot with the other eligible CSD. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • domestic inter-CSD transactions — When the security is eligible in several Euroclear group CSDs and one party is instructing on a depot with the primary issuer CSD and the other is instructing on a depot with the other eligible CSD …   Euroclear glossary

  • Direct Holding Model — The operating model of the Euroclear Group under which in general: a Client in the Domestic Service holds Group CSD Securities directly in the Euroclear Group CSD which is the Primary CSD in relation to that security (without the intermediation… …   Financial and business terms

  • Direct Holding Model — The operating model of the Euroclear Group under which in general: a Client in the Domestic Service holds Group CSD Securities directly in the Euroclear Group CSD which is the Primary CSD in relation to that security (without the intermediation… …   Euroclear glossary

  • Disease — Illness or sickness often characterized by typical patient problems (symptoms) and physical findings (signs). Disruption sequence: The events that occur when a fetus that is developing normally is subjected to a destructive agent such as the… …   Medical dictionary

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