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Iberclear

Management of Securities Settlement and Registration Processes in the Spanish Financial Markets

Iberclear is the Spanish Central Securities Depository and a subsidiary of Bolsas y Mercados Españoles (BME), the operator of all stock Markets and financial systems in Spain.

Iberclear's function include the registration of securities represented by book entries and the management of the settlement of received securities and cash transfers.

Learn about the products and services it offers, the regulations that govern it and how to become a client. 

ARCO System and T2S

The ARCO System is the technological platform used by Iberclear for the settlement and registration of securities in Spain.

Users' Committee

The Users’ Committee is composed of fifteen members representing issuers and participants in the ARCO System.

Shaping the future of settlement: T+1

T+1 settlement: Leading the way to efficiency

SIX and the transition to T+1: The transition to a T+1 settlement cycle across the EU, Switzerland and the UK, which will take effect on October 11, 2027, is a significant step towards the harmonization of international post-trade processes. Shortening the settlement cycle to one business day improves market efficiency, reduces risk and boosts investor confidence.

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Clients and Participants Areas

BME PC

Access the Iberclear communication platform.

Member Area

Access Iberclear regulations and procedures.

Financial Transaction Tax

Access the Financial Transaction Tax management platform.

Issuer Access

Access the requirements for registering issuances in Iberclear.

Market Insights

Access BME's data analysis platform.

New service
Market Insights,
Technological solutions based on Business Intelligence

Market Insights is a data analysis service that allows you to visualize your operations in a clear, dynamic, and intuitive way. It offers reports with key indicators, activity trends, and relevant comparisons using Business Intelligence.

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