Link Up Markets
DIRECT CROSS-BORDER ACCESS
Link Up Markets is a joint venture by eleven leading Central Securities Depositories (CSDs) – Clearstream Banking AG Frankfurt (Germany), Cyprus Stock Exchange (Cyprus), Hellenic Exchanges S.A. (Greece), IBERCLEAR (Spain), MCDR (Egypt), Oesterreichische Kontrollbank AG (Austria), SIX SIS AG (Switzerland), STRATE (South Africa), VPS Lux (Luxembourg), VP SECURITIES (Denmark) and VPS (Norway). Its key objective is to improve efficiency and reduce costs of post-trade processing of cross-border securities transactions by streamlined interoperability on the CSD layer.
Launched on 30 March 2009, Link Up Markets has established a common infrastructure allowing for streamlined interoperability between CSD markets and introducing efficient cross-border processing capabilities. The solution enables CSD customers to significantly reduce the cost gap between settling and safekeeping domestic and foreign securities.