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 Implementation of Innovations and Development of New Technologies” in a Professional Contest “Infrastructural Institute-2010” 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 10th Professional Conference “Infrastructure of Securities Market 2011” on 27 May in St. Petersburg.
The nomination “For Implementation of Innovations and Development of New Technologies” is designed for infrastructural organizations of financial market achieving the biggest progress in the sphere of innovations' implementation, development of new communications services and technologies including EDI technologies.
NSD has been also awarded honorary diplomas “For High Quality Services in 2010” and ”For Best Corporate Web Site.”
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,