Registration process

Simple steps required for an applicant to become a Participant of Nasdaq CSD are listed below. Description on the Participant roles and all the detailed requirements to become a Participant are described in Nasdaq CSD Rulebook (chapter 3 and annex I).

Initial application

A potential Participant submits documents for sanction screening and application to become a Participant. Documents you can find in the section “Documents“.

Validation of the form

Nasdaq CSD will perform validation of the provided documents and inform the potential Participant on the sanction screening results.

Submission of the documents

The Participant submits an agreement form and other documents.

Testing phase

Connectivity set-up, the Participant passes certification test cases and submits the testing report.

Final decision

Management Board of Nasdaq CSD decides on the onboarding of the Participant within 30 days.

Digitally signed application for registration and additional documents may be submitted to Nasdaq CSD to the email

Description of different levels of segregation offered by Nasdaq CSD in its Estonian, Iceland, Latvian and Lithuanian Settlement Systems: