Securities trading - Luxembourg
Key market-tradable securities
| Denomination currency | Maturity profile | Interest rate | Interest/Dividend payment frequency | Place of settlement | Form |
| Debt instruments (government, corporate) | |||||
| Various | 1 to 50 years | Fixed or floating | Quarterly, semi-annual, annual | CBL, LuxCSD or VP Lux | Dematerialised, registered or bearer |
| Money market instruments | |||||
| Various | 1 to 365 days | Zero coupon, fixed or floating | Quarterly, semi-annual, annual | CBL or LuxCSD | Dematerialised, registered or bearer |
| Structured products | |||||
| Various | 1 to 20 years | Zero coupon, fixed or floating | Monthly, quarterly, semi-annual, annual | CBL, LuxCSD or VP Lux | Dematerialised, registered or bearer |
| Investment funds | |||||
| Various | Not applicable | Not applicable | - | CBL, LuxCSD or transfer agent | Dematerialised, registered or bearer |
| Equities | |||||
| Not applicable | Not applicable | Not applicable | - | CBL or LuxCSD | Dematerialised, registered or bearer |
| Warrants | |||||
| Various | Not applicable | Not applicable | Not applicable | CBL or LuxCSD | Dematerialised, registered or bearer |
Trading platforms
The Luxembourg Stock Exchange (LuxSE) uses the NYSE Euronext Universal Trading Platform (UTP). The partnership between LuxSE and NYSE Euronext also involves the creation of a European Economic Interest Grouping called Luxnext. One of the aims of Luxnext is the formalisation of a common European standard for listing and trading of corporate bonds. It includes NYSE Euronext adopting the Luxembourg Stock Exchange SAGE listing platform for corporate bond listings on its European markets.
The LCH.Clearnet S.A. system is used for netting and clearing transactions executed on eligible securities, allowing settlement in both CBL and Euroclear Bank.