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  3. NSD sees increase in custody figures for 2018
Custody news

NSD sees increase in custody figures for 2018


06 March 2019 Moscow
Reporter: Becky Butcher

Generic business image for news article
Image: Shutterstock
The National Securities Depository’s value of securities under custody reached RUB 44.97 trillion, a 14 percent increase compared to the previous year (RUB 39.45 trillion).

Last year’s figures also revealed that the total number of securities issues serviced by NSD increased by 30 percent, from 15.4 thousand in 2017 to 20.1 thousand in 2018.

Figures also showed that the foreign securities issues serviced by NSD grew by 48 percent.

According to the NSD, last year it continued to develop a centralised system for record keeping for mutual fund units focused on unifying interactions between brokers, asset management companies, and specialised depositories/registrars on the collective investment market.

At the end of 2018, NSD implemented integration with Moscow Exchange’s OTC system.

The NSD revealed that in 2019, clients will be able to transfer information on trades from the over-the-counter system to the web office of depository and clearing services, generating clearing instructions in an easier way.

It also found that there were positive dynamics in the growth in the number of client trades using new settlement services such as linked transactions and instruction prioritisation; by the end of 2018, the number of such transactions reached 5,059.

Results showed that the value of money transfers fell last year by 18 percent to stand at RUB 288.8 trillion—compared with RUB 350.8 trillion in 2017—however, the value of money transfers in foreign currency grew 20 percent reaching RUB 46.9 trillion (RUB 38.9 trillion in 2017).

The total amount of transactions in client bank accounts in Russian rubles and foreign currency stood at RUB 335.7 trillion.

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