CREST
CREST is the
Central Securities Depository for the
U.K.,
Republic of Ireland,
Isle of Man and
Jersey equities and UK
gilts. It operates a settlement system, allowing trades that have been agreed to be
settled.It allows shareholders and bondholders to hold assets in a dematerialised, i.e. electronic, form, rather than holding physical share certificates. CREST also serves a number of other important functions, such as assisting in the payments of dividends to shareholders. CREST is also an "Electronic Trade Confirmation System" ("ETC") (using TRAX). When parties to a transaction make a deal, they both electronically confirm their sides of the transaction via file transfer. Both parties are required to submit confirmation details to CREST. In the event that transaction details do not match, CREST will highlight the issues and ensure that the problems are resolved as soon as is practicable.
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Crest
Crest may refer to:In science
Crest (bird), the distinctive head plumage exhibited by birds such as cockatosA chicken crest or
cockscombCrest (physics), the section of a wave that rises above an undisturbed position
Crest factor, a dimensionless number quantifying the shapes of wavesCrest (hydrology), in
hydrology, the highest level above a certain point (the datum point, or reference point) that a
river will reach in a certain amount of time. This term is usually limited to a
flooding eventCREST syndrome is a limited form of the disease
sclerodermaCREST Newcastle is the Centre for Rehabilitation Engineering Studies
Centre for Renewable Energy Systems Technology, Loughborough University, UK
Sagittal crest, a ridge of bone running lengthwise along the midline of the top of the skull of many mammalian and primate skulls
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Crest
Centre de recherche en économie et statistique
Crest
CREST
Crest
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Crest