It has assumed the duties relating to central clearing, depository and registry activities which were previously undertaken by QE. Previously, the QE acted as the central registry and depository of listed equity and debt securities (shares, bonds and sukuks). The QE was also responsible for settlement of orders by Delivery vs. Payment (“DvP”) and for registering pledges over listed securities. The QCSD has now assumed these functions, leaving the QE with its core function of a securities trading market. The QCSD is licensed by the Qatar Financial Markets Authority (‘QFMA'), the regulator of capital markets activities in Qatar. 

The QCSD also provides related services, including registration, acceptance and transfer of government bonds and treasury bills (T-bills). The QCSD offers additional services including DvP, securities lending and borrowing settlement, management and follow-up of limits placed on non-Qatari shareholders, registration and authorisation of exchange-traded funds (ETFs) as well as services in connection with initial public offerings (IPOs).

The QFMA has issued Dealing Rules for the QCSD (the “Rules”) and a guide on procedures of QCSD (the “Guide”).