Welcome to the Website of Central Securities Depository
Prague
Dear
Visitors,
Thank you for visiting the website of the newly established
Centrální depozitář cenných papírů, a.s.
The company’s
core activities include the operation of a central register
of dematerialized securities issued in the Czech Republic,
operation of a settlement system for the settlement of
exchange and OTC transactions involving investment
instruments, the lending of securities, administration and
management of guarantee instruments, custody and
administration of investment instruments maintained in a
separate register, assignment of investment instrument
identification numbers (ISIN), and, since 2007, the
settlement of electricity trades concluded at Power Exchange
Central Europe, a.s. (PXE).
The Central Depository operates on a participation
principle. By means of its participants the Central
Depository renders services associated with the registration
of securities and settlement of trades. The Central
Depository provides issuers services associated with the
management of securities issues.
The Central Depository is also a participant in the
Clearstream Banking Luxemburg international depository and
is a member of the European Central Securities Depositories
Association (ECSDA).
The Central Securities Depository Prague (CSD Prague) today successfully completed the transfer of the records of dematerialized and immobilized securities from the Czech Securities Centre (Středisko cenných papírů, SCP). This marked the last step towards the commencement of the activities of the Central Depository, which will open for business on 7 July 2010.
In connection with the notified technical break of Středisko cenných papírů (the Securities Centre), relating to the transfer of data files to Centrální depozitář cenných papírů (the Central Securities Depository), the settlement of securities trades filed by the Securities Centre will be suspended from 28 June to 2 July. The settlement will be renewed on 7 July, when all outstanding trades will be duly settled.
The Central Depository Participation Agreement (with settlement) in English has been published in the Legislation section on the Central Securities Depository's web pages.
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