MOSCOW - National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, announces that on 21 February it signed an agreement on information interactions with Kazakhstan's IRBIS Information Agency of Financial Markets LLC (IRBIS).
In accordance with the signed agreement IRBIS is to provide to NSD the information about:
- legal acts of the Republic of Kazakhstan (including further amendments to the legal acts) regulating Kazakh securities market;
- Kazakhstan Stock Exchange's (KASE) current issuers;
- securities listed in KASE;
- media articles covering current situation in Kazakhstan's securities market.
Information received from IRBIS within the framework of the signed agreement is to be placed on NSD's web site (section "Issuers and Securities of the Republic of Kazakhstan"). Starting 1 March, 2011, Russian securities market participants get an access to information about Kazakhstan's issuers, their securities and Kazakh regulatory environment.
The signed agreement is aimed at development of information interchange between Russia's and Kazakhstan's securities markets, at formation of conditions for development of integrated, liquid, transparent and efficient stock market of two countries, at creation of the investor friendly information environment. The conclusion of the agreement goes in line with cooperation within the framework of the Association of Eurasian Central Securities Depositories (AECSD) and represents the next step towards formation of the integrated information space in our countries' stock markets.
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.
NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers.
In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.
NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
For further information about NSD: www.nsd.ru , or NSD Public Affairs Division: +7 495 232 0910,
IRBIS Information Agency of Financial Markets was registered in December 1998; it was founded by Kazakhstan Stock Exchange (KASE). Now IRBIS is KASE's 100% subsidiary. It is an authorized information agency distributing KASE's information.
In July 2009 IRBIS joined Financial Information Service Division (FISD)*. This event became a very important stage in IRBIS's history as the company officially entered the global market of financial information.
Now IRBIS is well known in financial community, it prepares and distributes the unique financial information to over 100 customers. Among them are the FSA, a number of major financial operators including "Kazkommertsbank", JSC "Halyk Bank of Kazakhstan", JSC "Asyl Invest", JSC "BTA Securities", as well as other banks.
For further information about IRBIS: www.fininfo.kz.
*FISD is a member of the Software and Information Industry Association (SIIA) which in turn unites over 140 financial information distributors such as banks, broker companies, investment funds, hedge funds, news agencies, software developers.