What are the goals?
- Allow Participants to hold in their securities accounts, securities issued in a foreign Central Securities Depository (CSD);
- Allow the concentration of the custody of domestic and foreign securities in a single securities account opened at INTERBOLSA.
How does it work?
The operation of the links is based on functionalities existing in the TARGET2-Securities (T2S) platform that, through a securities account of INTERBOLSA (called omnibus account) opened in the foreign CSD, and a mirror account created at INTERBOLSA, allow the control of the securities in circulation in Portugal.
The corporate actions of the securities issued in other CSDs are processed by the respective CSD. INTERBOLSA ensures the redistribution to its Participants of the cash and/or securities resulting from the corporate actions.