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Midclear (Financial Market) In Stock Futures Funds Directory

 

The revival of the financial markets in Lebanon is important for Lebanon’s economy and reconstruction. To ensure the efficiency and effectiveness of the operations in this market, and to provide safeguards for members, traders and investors, the Central Bank of Lebanon established in June 1994 in Beirut, Midclear S.A.L. the Custodian and Clearing Center of financial instruments for Lebanon and the Middle East. Midclear S.A.L. was established to address a variety of operational and risk issues related to the safekeeping and physical settlement of financial instruments in general. The establishment of Midclear comes with concerted efforts aimed at confirming the confidence of Lebanese, Arab and foreign investors. Its emergence is also congruent with the international recommendations proposed by the group of thirty on the matter of regulating and developing the financial markets. Midclear provides investors with a variety of depository and clearing services which confirm to international standards recommended by the Group of Thirty.

 

Address: ARESCO Center -15th Floor, Justinien street, Sanayeh, P.O.B: 11-7971, Beirut Lebanon
Telephone: 00961 1 749594
Fax: 00961 1 347956
Website: http://www.midclear.com.lb/