Clearstream is selling its 50% stake in the European trade repository REGIS-TR to its joint venture partner Iberclear, part of SIX, who is taking full control of the business. The decision to sell was made as part of Clearstream’s continuous strategic review of its business portfolio. Future strategic efforts will focus on growing custody services and to further strengthen the company’s leadership position in funds services in-line with the Compass 2023 strategy.

Stephan Leithner, Clearstream Chairman and member of the Executive Board of Deutsche Börse AG, said: “In the course of nearly eleven years, REGIS-TR has evolved into a great success story in the European trade repositories market, with a compelling and well-established offering. We are very proud of what we have achieved together with our partner Iberclear and we wish them continued success.”

The transaction was signed today and is expected to close in the first half of 2022. Financial terms of the acquisition are not disclosed.

About Clearstream

As an international central securities depository (ICSD), headquartered in Luxembourg, Clearstream, which is part of Deutsche Börse Group, provides the post-trade infrastructure for the Eurobond market and services for securities from 58 domestic markets worldwide. With 16 trillion Euros in assets under custody, Clearstream is one of the world’s largest settlement and custody firms for domestic and international securities.

About REGIS-TR

REGIS-TR S.A. is the leading European trade repository, offering reporting services covering all the major European trade repository obligations. Established in Luxembourg in 2010, REGIS-TR S.A. is the largest European TR for EMIR services which also offers SFTR and FinfraG services. In the context of BREXIT, REGIS-TR UK was incorporated in 2019 to offer EMIR UK services.