Euroclear is a financial services company that provides settlement and clearing services for various types of securities, including stocks, bonds, and derivatives. The company operates a central securities depository and clearing system for over-the-counter (OTC) trades, enabling efficient settlement between transacting parties. Euroclear also offers collateral management, investment fund services, and custody services to clients.

The Euroclear system is used by global banks, broker-dealers, and institutional investors to facilitate and manage their trades. It allows for the efficient transfer of securities ownership, which helps reduce risks related to counterparty default and settlement failure. The system also enables clients to monitor and manage their securities holdings and transactions in real-time.

Euroclear is a central player in the financial industry, serving as a neutral and trusted intermediary for millions of transactions each year. Its services enable global capital markets to function effectively and efficiently, facilitating the flow of capital between investors and issuers.