A CUSIP number is 9-character alphanumeric code that identifies security for the purposes of facilitating clearing and settlement of trades.
Euroclear, one of the largest providers of securities transactions, is a user owned and governed financial services company. Based in Brussels, Belgium Euroclear specializes in the settlement of securities transactions as well as the safekeeping and asset servicing of these securities. It was founded in 1968 as part of J.P. Morgan & Co. Euroclear settles domestic and international securities transactions, covering bonds (MTNs and more), equities, derivatives and investment funds. Euroclear provides securities services to financial institutions located in more than 90 countries.
In addition to its role as an International Central Securities Depository (ICSD), Euroclear also acts as the Central Securities Depository (CSD) for Belgian, Dutch, Finnish, French, Irish, Swedish and UK securities. Euroclear also owns EMXCo, the UK’s leading provider of investment-fund order routing, and Xtrakter, owner of the TRAX trading matching and reporting system.
Euroclear is the largest international central securities depository in the world.