Foreign Securities Deposit and Settlement Service
KSD provides foreign securities deposit and settlement service in order to support the custody, settlement, and exercise of rights arising from foreign securities trading of domestic investors through global custodian and international central securities depositories (ICSDs).
Procedures of foreign securities deposit and settlement service
Participants wishing to use KSD’s foreign securities deposit and settlement service need to open foreign securities accounts. The procedure for opening foreign securities accounts is the same as that of domestic securities accounts.
Benefits of foreign securities deposit and settlement service
- KSD provides a single gateway for investment in the global securities market.
Domestic investors can invest in foreign securities without appointing foreign custodians, which are different depending on each country and market, through entrusting KSD with the deposit and settlement.
- Safe custody of foreign currency denominated assets is secured.
Foreign custodians appointed by KSD are global custody institutions with tried-and-true expertise and stability.
- Services are offered at a low cost.
KSD provides low-cost services based on economy of scale and constant negotiation with market participants.
- The service utilizes the same deposit and settlement system as that of domestic securities.
Existing market participants can use the service through a simple application process without implementing an additional system or signing a new contract.