We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

What is Euroclear?

John Lister
Updated: May 16, 2024

Euroclear is a company that provides settlement services for securities transactions. This means that it acts as a central register of transactions in stocks, investment funds, and other equities. It fulfills this role for several countries, as well as being one of only two to do it on an international basis.

As of 2010, Euroclear was the central securities depository for seven countries, making it the sole central register for security transactions in those countries. By definition, each country only has one central securities depository. The seven countries are Belgium, Finland, France, the Netherlands, the Republic of Ireland, Sweden, and the United Kingdom.

As well as its national roles, Euroclear is one of two international central securities depositories, alongside ClearStream International. In this role, it coordinates the movement of Eurobonds. These are bonds that are issued in one country but use a currency of another country. This will often be done to make it easier for companies to attract loans from investors in other countries. Specific Eurobonds are named after their designated currency: for example, those denominated in the Japanese yen are known as Euroyen bonds.

Just over 85 percent of the Euroclear parent group is owned and operated by its clients. The rest of the company is owned by Sicovam, a company that formerly oversaw the numbering system used for securities on France's stock exchanges. The parent group wholly controls a subsidiary, Euroclear SA/NV, which oversees the individual organizations that run each national central securities depository.

In 2010, the group reported that it settled 180 million transactions a year, totaling 500 trillion euros. Based on capitalization, the total value of the securities from each company on a market, it dealt with 50 percent of all European debt-based securities and 60 percent of all European equity-based securities. It also noted that it dealt with 30 currencies across 90 countries. As well as handling transactions, it held 20 trillion euros-worth of assets for clients.

Euroclear was originally founded by the Belgian office of the New York-based Morgan Guaranty trust company in 1968. It was set up to make the Eurobond market run more smoothly, given the inevitable administrative issues of so much cross-border investment. Morgan Guaranty ceased its involvement in 2000, and the structure involving Euroclear SA/NV dates from 2005. The parent plc group is regulated by United Kingdom finance laws, while the SA/NV group is subject to Belgian regulation.

SmartCapitalMind is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
John Lister
By John Lister
John Lister, an experienced freelance writer, excels in crafting compelling copy, web content, articles, and more. With a relevant degree, John brings a keen eye for detail, a strong understanding of content strategy, and an ability to adapt to different writing styles and formats to ensure that his work meets the highest standards.
Discussion Comments
John Lister
John Lister
John Lister, an experienced freelance writer, excels in crafting compelling copy, web content, articles, and more. With...
Learn more
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.