From 27 July 2005 NDC uses EDI for transactions in nominee accounts with OAO MCD

25 July 2005
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Effective 27 July 2005, Not-for-Profit Partnership "The National Depository Center" (NDC) and Open Joint-Stock Company "Moscow Central Depository" (MCD) start using electronic document interchange (EDI) for transactions performed in NDC’s nominee accounts opened with MCD registrar.

Electronic documents formats, used in the electronic document interchange between NDC and MCD comply with the PARTAD requirements, outlined in the "Formats for Electronic Interaction of Registrars and Depositories", adopted by the PARTAD Board of Directors.

MDC executes transactions in NDC's accounts with the registrar on the day of receipt of the pertinent electronic documents from NDC.

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