Simple steps required for an applicant to become a Participant of Nasdaq CSD are listed below. Description on the Participant roles and all the detailed requirements to become a Participant are described in Nasdaq CSD Rulebook (chapter 3 and annex I)
A potential Participant submits documents for sanction screening and an application to become a Participant.
Nasdaq CSD will perform validation of the provided documents and inform the potential Participant on the sanction screening results.
The Participant submits an agreement form and other documents.
Connectivity set-up, the Participant passes certification test cases and submits the testing report.
Management Board of Nasdaq CSD decides on the onboarding of the Participant within 30 days.
Digitally signed application for registration and additional documents may be submitted to Nasdaq CSD to the email email@example.com.
Description of different levels of segregation offered by Nasdaq CSD in its Estonian, Iceland, Latvian and Lithuanian Settlement Systems: