The Nasdaq CSD provides settlements of cash legs in respect of DVP transfer orders and distribution of corporate action proceeds in euro currency in central bank money and US dollar currency in commercial bank money.

The cash legs for DVP transfer orders in T2S eligible securities in euro currency are settled via DCAs of payment banks in T2S, and for DVP transfer orders in non-T2S-eligible securities via a cash account in the TARGET2 component system.

The Nasdaq CSD has designated a credit institution for the settlement of cash legs in US dollar currency.