IBERCLEAR
Profile
La Sociedad de GestiÛn de los Sistemas de Registro, CompensaciÛn y LiquidaciÛn de Valores, S.A. - whose commercial name is IBERCLEAR - has become the Spanish Central Securities Depository as from the 1st April 2003.

IBERCLEAR was established as a limited company as stated in Section Two of Article 1 of the Reform Measures Of The Financial System Law 44/2002, 22nd November, which modified Article 44 of the "Stock Market" Law 24/1988, 28th July.

IBERCLEAR is a member of the holding company BME "Bolsas y Mercados EspaÒoles" which integrates the companies that direct and manage the securities markets and financial systems in Spain.
Services offered
IBERCLEAR manages the book-entry securities registry, the clearing and settlement of trades from the Spanish Stock Exchanges, Public Debt market, AIAF Market as well as Latibex - The Latin-American securities market denominated in Euros.