CROSSBORDER MARKET ADVISORY COMMITTEE
( XMAC) Euroclear Clearing and Settlement glossary
"XMAC's remit is to engage in a two-way consultation process on all key cross-market issues relating to the services offered by the various domestic CSDs in the Euroclear group. The committee comprises the chairmen of the five domestic MACs and senior representatives of three Euroclear clients with sizeable cross-border activity in Europe. " Euroclear Clearing and Settlement glossary