Nasdaq CSD and Clearstream Cut Cross-Border Settlement Fees

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  • Nasdaq CSD adopts Clearstream’s Investor CSD solution, granting Baltic banks direct access to all TARGET2-Securities (T2S) markets.
  • The partnership reduces cross-border settlement fees for foreign securities.
  • Nasdaq CSD is the first Central Securities Depository (CSD) in Europe to implement this service.

Nasdaq announces that Nasdaq CSD has become the first European CSD to gain full connectivity to all T2S markets through Clearstream’s German central securities depository. This groundbreaking partnership provides Nasdaq CSD’s participants with access to a vast pool of European markets for securities settlement and asset servicing.

Clearstream is the only CSD which maintains links with all markets within the TARGET2-Securities platform. The interoperable link with Clearstream enables Nasdaq CSD to extend this comprehensive…

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