China Securities Depository and Clearing Corporation
{{Infobox company
|name = 中国证券登记结算有限责任公司
China Securities Depository and Clearing Corporation Limited
|logo = China Securities Depository and Clearing Corporation Limited LOGO.png
|type = Limited Company
|key_people = Zhuang Mu, President
|foundation = {{start date|2001|3|30}}
|location = 17 Taipingqiao Dajie
Xicheng District
Beijing, China
|products = Depository and clearing for securities exchanged on SSE and SZSE
|homepage = [http://www.chinaclear.cn/ ChinaClear]{{in lang|zh-cn}}
|area_served = China
|owner =Shanghai Stock Exchange (50%)
Shenzhen Stock Exchange (50%)
}}
China Securities Depository and Clearing Corporation Limited ({{lang-zh|中国证券登记结算有限责任公司}}), in short CSDC, SD&C,{{citation |publisher=European Central Bank |title=Securities clearing and settlement in China: markets, infrastructures and policy-making |url=https://www.ecb.europa.eu/pub/pdf/scpops/ecbocp116.pdf |author=Patrick Hess |date=July 2010}} or ChinaClear ({{lang-zh|中国结算}} or 中证登, Zhongzhengdeng), is a central counterparty and central securities depository of China, based in Beijing. It is responsible for all securities depository and clearing services for the Shanghai Stock Exchange and Shenzhen Stock Exchange, thus playing a similar role as that of DTCC for the US stock markets.
Overview
CSDC was set up on March 30, 2001.{{cite web|title=公司概况|url=http://www.chinaclear.cn/zdjs/gsgg/about_lmtt.shtml|publisher=CSDC|access-date=January 6, 2015}} In September 2001, Shanghai Securities Central Depository and Clearing Corporation and Shenzhen Securities Depository Corporation, two corporations which were in responsible for depository and clearing services of Shanghai Stock Exchange and Shenzhen Stock Exchange, were merged into the CSDC.{{cite book|author=He, Zhigang|title=中国债券市场微观结构研究|year=2011|publisher=China Economic Publishing House|isbn=978-7-5136-0400-0|pages=51|language=zh-CN}} It is a non-profit entity established with the approval of the China Securities Regulatory Commission.{{cite web |website=Bank for International Settlements |author=Committee on Payments and Settlement Systems |url=https://www.bis.org/cpmi/publ/d105_cn.pdf |title=Payment, clearing and settlement systems in China |date=2012}}{{rp|36}}