Crest

	Definition of 'Crest' CrestCo Ltd. is the central securities depository for the U.K. markets and Irish stocks. More specifically, Crest operates an electronic settlement system, which was established in 1996 and is used to settle a vast number of international securities. The company can also physically hold stock certificates on the behalf of customers.
	Investopedia explains 'Crest' By holding securities as well as maintaining an electronic clearing system, Crest can provide for same-day clearing of securities transactions if needed. Its overall ability to provide a fast transfer of title for the securities it handles is its most important advantage to investors.

Related Definitions

What Is The Bank For International Settlements?

Get the scoop on the structure and functions of the oldest global financial institution.
Do I own a stock as of the trade date or the settlement date?
Compare Local Interest Rates

Search and compare the best checking and savings rates nationwide from Bankrate.com. Click Here!
What does CHIPS UID mean?

Why Americans Think Bush Is To Blame For The Economy	The Complete Guide To Calculating Your Net Worth		Top Investment Trends For 2013	5 Viable Career Options In 2013
	How Do Internet Browsers Make Money?	Commodities Of The Future	Trending Stocks And The January Effect