On 30 September 2020, the Moscow Exchange and National Settlement Depository (NSD) launched a joint service to provide access to NSD Repository’s information about trades on the OTC repo market, as well as about derivative transactions.
Moscow Exchange clients who are interested in receiving information about the OTC market will be provided with access to aggregated data about the number and value of 95% of all OTC derivative transactions and repo trades concluded on the Russian financial market.
“NSD Repository is a unique source of data about trades concluded on the OTC repo market and about derivative transactions. Adding this information to data about exchange trades, we create new opportunities for our clients who conduct transactions on the market, and increase market transparency,” said Igor Marich, member of the Executive Board, Managing Director for Sales and Business Development, Moscow Exchange.
“We now see a global trend – a demand for access to data, for accurate and standardized information about trades and their parameters from a reliable source. The new service fully aligns with this trend due to the synergistic potential of the NSD Repository along with Moscow Exchange Group services and products. Using NSD Repository’s long-standing expertise, the market will get access to data about OTC repo trades and derivative transactions which were previously unavailable. Data will then be used to develop business in the clients’ interests,” added Anastasiya Kiseleva, Managing Director for Repository Operations, NSD.
Information about repo and derivative trades will be available on the Moscow Exchange website.