An organisation in the Eurobond market which clears, handles and stores exchanged securities. It operates through a network of agents. It is based in Luxembourg and is a company is owned by several banks. One of the two main European clearing organisations. The other is Euroclear. They are currently (1992) developing an electronic link between themselves. See also Clear, Euroclear, Eurobonds and Electronic Settlement Office.

International financial encyclopaedia . 2014.

Look at other dictionaries:

  • Cedel — International Cedel International ou Cedel (Centrale de livraison de valeurs mobilières) est l ancêtre de la chambre de compensation Clearstream. Elle fut créée au Luxembourg le 28 septembre 1970 par 71 banques de 11 pays. Elle fut rebaptisée… …   Wikipédia en Français

  • Cedel — созданный в 1970г. международный депозитарно клиринговый центр, обслуживающий внебиржевой международный фондовый рынок; позволяет осуществлять мультивалютные расчеты. Cedel выполняет функции клирингового центра, депозитария и расчетной системы.… …   Финансовый словарь

  • Cedel — was a clearing company of securities. It was founded in 1971 and was owned by of 92 banks. Since July 2002 it is a division of Deutsche Börse, and known as Clearstream. See also * Denis Robert * Ernest Backes * Gerard Soisson …   Wikipedia

  • Cedel — A clearing system, now part of Clearstream, which provides buyers and sellers of internationally traded securities with a method of settling transactions in such securities either free of or against payment in a wide range of currencies. It also… …   Law dictionary

  • Cedel — Dieser Artikel oder Abschnitt ist nicht hinreichend mit Belegen (Literatur, Webseiten oder Einzelnachweisen) versehen. Die fraglichen Angaben werden daher möglicherweise demnächst gelöscht. Hilf Wikipedia, indem du die Angaben recherchierst und… …   Deutsch Wikipedia

  • cedel — is., esk., Ar. cedel Tartışma, çekişme, münakaşa etme …   Çağatay Osmanlı Sözlük

  • CEDEL — (сокр. от фр. Centrale de Livraison de Valeurs Mobilliиres) – международная автоматизированная система межбанковских расчетов по операциям с ценными бумагами – система клиринга по еврооблигациям; Центр междунар. обмена информацией между банками… …   Финансово-кредитный энциклопедический словарь

  • Cedel — No longer used; replaced by the Common Code on January 1, 1991. Company Extensions and Security Identifiers …   Financial and business terms

  • CEDEL — A centralized clearing system for eurobonds. The New York Times Financial Glossary A centralized clearing system for Eurobonds. Bloomberg Financial Dictionary One of the two Eurobond clearing and settlement agencies. The other is Euroclear. It… …   Financial and business terms

  • CEDEL — Abk. für Centrale de Livraison de Valeurs Mobilieres S.A.; Institut zur Verwahrung, Verwaltung und Abwicklung von international gehandelten Wertpapieren. 1970 von führenden Banken und Finanzinstituten in Luxemburg gegründet und 2002 völlig… …   Lexikon der Economics

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.