Settlement overview

LuxCSD provides the issuance, safekeeping and settlement of securities and covers the functions of both an issuer CSD and an investor CSD.

With its status as SSS (Securities Settlement System), LuxCSD will offer against payment settlement services in EUR central bank money for internal settlement both between two LuxCSD counterparties and between a LuxCSD and Clearstream Banking Luxembourg (CBL) counterparty.

In addition, free of payment settlement is possible with counterparties in more than 50 domestic markets.