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Finance Dictionary and Glossary of Investment Terms
Euroclear
Definition 1.
One of the leading clearing systems for eurobonds.
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Definition 2.
One of two principal clearing houses for securities traded in the Euromarkets.
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Definition 3.
One of two principal clearing systems in the Eurobond market. It began operations in 1968, is located in Brussels, and is managed by Morgan Guaranty Bank. Applies mainly to international equities. European clearing organization that functions much like the DTC
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