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Stops on bearer securities
If you have been involuntarily deprived of a Luxembourg or foreign bearer security, you may request to place a stop on this security with the Luxembourg Stock Exchange (LuxSE) as an organisme de centralisation des oppositions sur titres au porteur.
If you are a holder of cancelled bearer shares or units, the Luxembourg Stock Exchange (LuxSE) as an organisme de centralisation des oppositions sur titres au porteur can issue a confirmation of no stop requested by the Caisse de Consignation.
What is a bearer security?
A bearer security is a type of financial instrument for which no ownership record is kept. The holder of the physical proof of the share or bond is considered the rightful owner and is entitled to the benefits. A bearer security is admitted to trading without a concrete record of the person or legal entity that owns it. However, the individual or legal entity that is listed as the holder of the bearer security in question is its assumed owner.
Need more information?
09:00 - 12:00 CET
Monday - Friday
Corinne Schreiner, Securities Oppositions Officer
Tel: +352 47 79 36 259
More on bearer securities
How to place a stop
Have you been involuntarily deprived of a Luxembourg or foreign bearer security? Find out how to place a stop.
Confirmation of a no-stop and non-forfeiture
Want to apply for the reimbursement of cancelled bearer shares or units with Caisse de Consignation? You will need a confirmation of a no-stop and non-forfeiture of a security.
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