KELER Group
Native name | Központi ELszámolóház és ÉRtéktár |
|---|---|
| Company type | State-owned enterprise |
| Industry | Financial services |
| Founded | 1993 |
| Headquarters | , |
Area served | Hungary |
| Products | Central securities depository, and central counterparty clearing house |
| Owner | Hungarian National Bank (MNB) |
| Website | www |
The KELER Group (for Központi ELszámolóház és ÉRtéktár, lit. 'Central Clearing House and Depository') is a Hungarian financial market infrastructure provider based in Budapest. It consists of two companies: KELER CSD, a central securities depository established in 1993; and KELER CCP, a central counterparty clearing house established in 2008. The KELER Group is majority-owned by the Hungarian National Bank (MNB).
KELER provides the central infrastructure of Hungarian securities markets. For example, all trades concluded on the Budapest Stock Exchange (BSE) must by law be settled at KELER.