NSD sees increase in custody figures for Q1 19 06 June 2019Moscow Reporter: Jenna Lomax
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The value of securities under custody for Russia’s National Settlement Depository (NSD) reached RUB 46.2 trillion, a 10 percent increase compared with the same period of 2018 (RUB 42.2 trillion).
The number of foreign securities issues serviced by the NSD grew 36 percent, from 9.6 thousand to 13.1 thousand.
The total number of securities issues serviced by the NSD grew 22 percent–an increase from 16.8 thousand in Q1 2018 to 20.6 thousand in Q1 2019.
In its Q1 report, the NSD also found the number of inventory operations in the Central Securities Depository increased 8 percent year on year and reached 866 thousand operations in Q1 2019 (compared with 798 thousand in Q1 2018).
In Q1 2019, the number of trades registered with NSD’s repository grew to 3.1 million, compared with 2.8 million in Q1 2018.
The value of the registered transactions was RUB 120.8 trillion, 20 percent more than in the same period of 2018 (RUB 100.6 trillion).
At the end of 2018, NSD implemented integration with Moscow Exchange’s OTC system and in March 2019, the NSD became the first central securities depository to sign up for SWIFT’s gpi service.
The gpi is a cross-border payments service that provides real-time payments tracking and transparency on bank fees and foreign exchange rates.
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