MOSCOW - National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that it has won a prize “For High Quality Services in 2011” in a Professional Contest “Infrastructural Institute-2011” held by the Professional Association of Registrars, Transfer Agents and Depositories (PARTAD) jointly with Securities Market (Rynok Tsennykh Bumag) Magazine. The award ceremony was held within the framework of the Professional Conference “Infrastructure of Securities Market: Sustainable Development in the Current Context” on 5 July in Moscow.
The nomination “For High Quality Services in 2011” has been designed for infrastructural organizations of financial market achieving the biggest progress in meeting the customers’ demand in respect of quality and convenient services.
NSD has been also awarded honorary diplomas in the following nominations: “Infrastructural Institution-2011”, “For Implementation of Innovations and Development of New Technologies-2011” and “For Best Corporate Web Site-2011.”
547 participants took part in the voting process for this year's award; 45 organizations were among the nominees.
National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the Moscow Exchange 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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