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. 2008.

Look at other dictionaries:

  • 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

  • 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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