Links between Nasdaq CSD and other CSDs give Nasdaq CSD participants access to securities maintained at those other CSDs. In building such connections, Nasdaq CSD manages non-local assets for local participants and enables their access to the respective markets.
Nasdaq CSD’s goal is to bring the benefits of T2S to its markets. Its strategy is to expand and intensify operational interaction with other European infrastructure institutions in order to provide services to internationally active local investors and market participants and facilitate foreign investors’ access to the local market.
By networking with other European CSDs, Nasdaq CSD seeks to improve local investors’ access to asset servicing all across Europe.
Nasdaq CSD maintains the existing unilateral CSD link arrangements with the following foreign CSDs:
- Clearstream Banking Luxembourg;
- Krajowy Depozyt Papierów Wartościowych (Polish CSD);
- Clearstream Banking AG .
In the future, the Nasdaq CSD may establish new CSD link arrangements with foreign CSDs, subject to business needs and in compliance with the CSDR and applicable legislation.