The Centralised Systems include the Registration, Control, Maintenance and Cancellation of Securities registered in Euronext Securities Porto.
The Centralised System is composed by an interconnected set of accounts, through which the securities are created and transferred and the control of the quantity of the securities in circulation and of the rights that exist over them is performed.
The main accounts participating in the Centralised System are the following:
The Financial Intermediaries are entirely responsible for the maintenance and movement of the securities in the individual registry accounts opened in their books, as well as in the global accounts opened in the Centralised System, under the terms of the law and regulations in force, namely the Securities Code, CMVM’s Regulation No. 14/2000 and INTERBOLSA’s Regulation No. 2/2016.
The Centralised Securities System carries out all the necessary procedures to ensure the exercising of the patrimonial rights, concerning the securities registered in its system.
Euronext Securities Porto, in a perfectly integrated way, together with the Centralised Systems mentioned, also organizes and manages Securities Settlement Systems.