UBS chooses Clearstream’s ICSDplus issuance model for its Irish ETFs


UBS ETF, the prominent issuer of Exchange Traded Funds, in Europe and globally has chosen Clearstream’s ICSDplus issuance model for its UBS ETFs plc (IE) and UBS (Irl) ETF plc platforms.

The ICSDplus issuance model is one of Clearstream’s proven solutions for ETF issuance tailored to different needs of ETF issuers and services ETFs issued within the pan-European settlement platform TARGET2-Securities (T2S) and outside of T2S. By using this model, issuers can leverage direct setup and connectivity through Clearstream’s ICSD, facilitating efficient issuance, trading and post-trade activity. Centralisation of securities within the ICSD market reduces costs and post-trade fragmentation.