Custody

The Custody service is performed by Monte Titoli as the only authorized Italian central depository for financial instruments.

Any type of non-derivative financial instrument, Italian or foreign, can be admitted to the Monte Titoli Custody system and settled by accounting entries without any physical movement of financial instruments, with high safety and efficiency standards.

Almost all of the centralized financial instruments are managed in a dematerialized form; the financial instruments still represented in paper form are grouped into large denomination certificates (global certificates or maxi certificates).

Italian and foreign operators, both intermediaries and issuers
can access the Custody Service as well as clearing and settlement institutions (CCPs and CSDs).