NSD’s securities under custody on the increase
09 May 2016 Moscow
Image: Shutterstock
The National Settlement Depository (NSD), the Russian central securities depository (CSD), saw a 15 percent increase in its securities under custody for Q1 2016.
Securities under custody reached RUB 31.7 trillion (€419.3 billion), compared to RUB 27.6 trillion (€365 billion) in Q1 2015.
Securities issues serviced by NSD also increased, increased from 7,600 in Q1 2015 to 9,900 in Q1 2016. Of the 2016 total, 31 percent, about 3,100 were foreign securities issues, compared to 1,500 in Q1 2015.
Transactions registered with the NSD repository totalled 135,700, marking a 60 percent increase on the same time period last year, which saw 85,600 transactions.
The value of registered transactions, however, decreased slightly from RUB 92.9 trillion (€1.23 trillion) in Q1 2015 to RUB 91.2 trillion (€1.21 trillion) in Q1 2016.
On the other hand, the value of money transfers saw a 3.2 percent increase, from RUB 79.8 trillion (€1.06 trillion) in Q1 2015 to RUB 82.3 trillion (€1.09 trillion) in Q1 2016.
In Q1 2016, NSD also introduced a new service for processing of client cross-currency settlements. The cash settlement principle is designed to increase reliability of settlements.
The CSD also saw its e-proxy voting technology, using the ISO 20022 messaging format, used in 322 shareholder meetings. Corporate actions on foreign securities totalled 819, marking an 85 percent increase compared to the same period in 2016.
Securities under custody reached RUB 31.7 trillion (€419.3 billion), compared to RUB 27.6 trillion (€365 billion) in Q1 2015.
Securities issues serviced by NSD also increased, increased from 7,600 in Q1 2015 to 9,900 in Q1 2016. Of the 2016 total, 31 percent, about 3,100 were foreign securities issues, compared to 1,500 in Q1 2015.
Transactions registered with the NSD repository totalled 135,700, marking a 60 percent increase on the same time period last year, which saw 85,600 transactions.
The value of registered transactions, however, decreased slightly from RUB 92.9 trillion (€1.23 trillion) in Q1 2015 to RUB 91.2 trillion (€1.21 trillion) in Q1 2016.
On the other hand, the value of money transfers saw a 3.2 percent increase, from RUB 79.8 trillion (€1.06 trillion) in Q1 2015 to RUB 82.3 trillion (€1.09 trillion) in Q1 2016.
In Q1 2016, NSD also introduced a new service for processing of client cross-currency settlements. The cash settlement principle is designed to increase reliability of settlements.
The CSD also saw its e-proxy voting technology, using the ISO 20022 messaging format, used in 322 shareholder meetings. Corporate actions on foreign securities totalled 819, marking an 85 percent increase compared to the same period in 2016.
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