CEDEL SA, also known as CeDEL, is a financial institution that operates as a central securities depository (CSD). A central securities depository is an organization that facilitates the settlement, safekeeping, and transfer of securities, such as stocks, bonds, and derivatives, in a centralized and electronic manner.
Headquartered in Luxembourg, CEDEL SA acts as a key intermediary in the global securities market by providing a range of services to its clients, which primarily include banks, brokerage firms, and other financial institutions. It offers a secure and efficient platform for the electronic settlement of securities transactions, ensuring quick and accurate delivery versus payment.
As a CSD, CEDEL SA acts as a custodian for its clients' securities, holding them in electronic form. This reduces the risks associated with physical certificates and allows for easy transfer and ownership changes. In addition to custody services, CEDEL SA provides trade matching, clearing, settlement, and corporate actions processing.
CEDEL SA is also involved in the issuance and servicing of international bonds, structured products, and other financial instruments. Its broad range of services promotes market liquidity, enhances transparency, and reduces operational complexities in the global securities market.
Moreover, CEDEL SA adheres to international standards and regulations to ensure the integrity, safety, and efficiency of its operations. It plays a vital role in facilitating the seamless functioning of the financial markets, promoting economic growth, and supporting the needs of market participants worldwide.
