Euroclear

Euroclear is a leading financial market infrastructure group based in Brussels, Belgium, that provides central securities depository services, including the settlement, safekeeping, and asset servicing of domestic and international securities transactions. Operating as a user-owned cooperative, the organization generates approximately $2.4 billion in annual revenue and employs around 4,000 people across its global post-trade operations. The entity has secured $323.2 million in total funding to date and ranks among the largest central securities depositories globally by the total value of securities held. Euroclear Bank functions as its primary international depository, operating alongside major peer institutions like Clearstream Banking SA and serving a vast global network of commercial banks, broker-dealers, and institutional investors. The organization was originally founded in 1968 by Morgan Guaranty, a direct predecessor to the modern multinational banking institution JPMorgan Chase.