Euroclear Custody

The TTCD’s Euroclear facility was introduced to the local market in 2014 through a strategic collaboration with Euroclear Bank, a well-known international depository who specializes in the settlement of securities transactions as well as the safekeeping and asset servicing of these securities. Euroclear Bank boasts of over €27.5 trillion in assets held in custody with operations in excess of 90 countries, thereby symbolizing its strength as a major global player and the magnitude of its reach. This facility essentially allows locally-owned international assets to be held by a local custodian, namely the Trinidad and Tobago Central Depository (TTCD). The TTCD is the approved custodian of choice by the Trinidad and Tobago Securities Commission (TTSEC) for transactions such as repurchase agreements.