Question

Clearstream International in Europe is where: a. Exchange-traded funds (ETFs) are traded and settled b. Global...

Clearstream International in Europe is where:

a. Exchange-traded funds (ETFs) are traded and settled
b. Global Depository Receipts are traded and settled
c. Yankee bonds are settled and cleared
d. Euro-Medium Term Notess and Eurobonds are settled and cleared
e. European OTC stocks are traded and settled


Homework Answers

Answer #1

Correct Answer: Option a) Exchange-traded funds (ETFs) are traded and settled

Clearstream in Europe is a post-trade services provider, which owned by Deutsche Börse AG.

The primary function of the same is to provide settlement and custody as well as other related services for securities across all asset classes.

The company is highly successful in developing the worlds' largest cross-border fund processing platform. The platform is named as Vestima and handles all types of funds, from mutual funds to exchange-traded funds (ETFs) and hedge funds.

Therefore, Option A is correct which talks about, Exchange-traded funds (ETFs) being traded and settled.

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