Asset Management

CSDs: Pressure builds in engine room

Central securities depositories helped markets operate during 2008 but regulation and technology mean they must now rethink their strategies

CSDs: Pressure builds in engine room
Photo: iStockPhoto/FN montage

After two decades of below-the-radar efficiency, central securities depositories have attracted the attention of both regulators and potential competitors.

To some observers this reflects the fact that these places, where publicly-traded stock and shares are safeguarded before and after they change hands, are generally seen to have had a "good crisis".

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