LATIN CLEAR has extended its services through
the opening of reciprocal accounts with other Central Securities
Depositories in the Central American region.
Latin Clear also has an account in Clearstream
in Luxembourg (formerly Cedel Bank).
This electronic link of the CSD's sets an important
milestone in the integration of the markets in the region, where
each central has reciprocal custody accounts and it is established
as an electronic link to expand the range of international custody
services for both countries. At the same time, this integration
of the CSD's is an effective mechanism that facilitates the enlargement
of the supply and demand of securities that could potentially
be negotiated in the regional market.
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