The business of trading shares, bonds and other financial instruments can often seem enormously complex. But at its heart are some simple principles, the biggest of which is security. Whenever a trade is struck, the most important moment is when the payment and the asset are exchanged. Both buyer and seller need to be sure the other party will honour their part of the deal - and this is where companies like Euroclear come in. Put simply, we step in as a trusted intermediary, taking payment and transferring ownership on behalf of each side. In all, we handle over 560 thousand transactions a day, to the tune of 1700 billion euro. Because we make the settlement process quicker and more secure, banks and other financial institutions are able to react faster, strike more complex deals and trade in more places at once.