Initially a 50-50 joint venture between Cedel International and Deutsche Börse, it became a fully-owned subsidiary of the latter on 1 July 2002.
[4] In December 2010, Clearstream co-founded REGIS-TR, a joint venture with the Spanish Central Securities Depository Iberclear, to act as a trade repository for derivatives transactions, helping participants meet their regulatory reporting obligations brought about by the introduction of the European Market Infrastructure Regulation (EMIR).
It also maintains representative offices in London, Hong Kong, Tokyo, Dubai, New York, and Zurich.
Collateral management refers to the handling of all tasks related to the monitoring of collateral posted by a borrower to meet a financial obligation (optimisation, substitution, top-up, withdrawal, settlement instruction, reporting, processing of margin calls and returns, notification of corporate events, etc.).
Clearstream's collateral management, securities lending and borrowing services are gathered under the Global Liquidity Hub.
[11] It provides a pool of liquidity through links to agent banks, trading platforms, clearing houses and other market infrastructures.
Clearstream is a member of the Liquidity Alliance, which was established in January 2013 as a platform for CSDs to collaborate on collateral management.
[12] Clearstream has developed the world's largest cross-border fund processing platform, called Vestima.
Clearstream's services include eligibility assessments, issuance and distribution of domestic, foreign and international (i.e. Eurobonds) new issues of global and domestic instruments: certificates of deposit, depository receipts, treasury bills, commercial papers, short-term and medium-term notes, bonds, equities, warrants, equity-linked notes and investment fund shares.