Exchange Market Settlements
Exchange Market Settlements
General Information

NSD's activities are primarily aimed at providing settlement services for the markets of the Moscow Exchange Group. NSD acts as:

Settlement Depository
Providing settlements for securities transactions concluded on the trading platforms of PJSC Moscow Exchange. NSD carries out settlements both during securities placement on trading platforms and during their subsequent circulation on the secondary market
Settlement Organization
Providing settlements in Russian rubles and foreign currency for transactions of trading participants on the exchange markets of the Moscow Exchange Group

NSD also performs the functions of settlement depository for JSC SPBEX.

NSD clients have the opportunity to promptly conclude transactions with securities admitted to trading on organized markets. Settlements for transactions are carried out based on net obligations and net requirements of participants based on clearing results. Settlements are carried out depending on the type of clearing:

  • trade-for-trade;

  • clearing based on trading session results;

  • clearing during the trading session.

Advantages
Real-time information exchange with exchanges and clearing organizations
Securities credited to trading accounts at NSD immediately become available for trading
Ability to promptly transfer securities between markets
Ability to settle OTC transactions from trading sections
After receiving confirmation from the trading system about the possibility of unblocking securities
How to Connect

To obtain access to participate in trading on PJSC Moscow Exchange / JSC SPBEX, an organization — a professional securities market participant — must fulfill the necessary requirements of trading platforms for admission to trading and clearing services.

To open trading sections, including additional trading sections, on an owner's securities account, interdepository securities account or trust manager's securities account, the client must submit a depository instruction to NSD to open a trading section.

Instruction for Disabling MT544, MT546 Reports Based on Exchange Trading Results
Instruction
06.03.2015
144 kB
Tariffs

When conducting settlements based on trading session results, NSD charges clients a fixed fee for each securities transfer operation between trading sections. More detailed information can be found on the NSD website in the "Tariffs" section.

You can obtain additional information from the Customer Support Department by phone: +7 495 956-27-90 or from regional representatives.

Have Questions? Contact Us
Customer Support
For Service Connection Questions+7 495 956-27-90
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