MOSCOW – National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that Eddie Astanin, Chairman of the company’s Executive Board, was elected the member of the Exchange Council of the Stock company Saint-Petersburg Currency Exchange (SPCEX) at the general meeting of shareholders of SPCEX held 31 May.
NSD owns 2.005% of shares in SPCEX and has right to nominate candidates to SPCEX's governing bodies.
Eddie Astanin has been Chairman of the Executive Board of NSD since 11 November 2010. A member of NSD Supervisory Board. From 28 November 2009 he held the post of NDC Director General and Chairman of NDC Directorship. He joined NDC in 2005 as Deputy Director/Chief Operating Officer. From 1994 till 2004 he held various positions at MICEX, from the Head of Operating Department to the Director of Government Securities and Money Market Division. Eddie Astanin graduated with honors from the Mozhaiskiy Military Engineering Institute (St. Petersburg) and the Finance Academy. Mr. Astanin is a Ph.D. in Technical Sciences.
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX-RTS 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: http://www.nsd.ru/, or NSD Public Affairs Division: +7 495 232 0910,
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