OREANDA-NEWS. January 26, 2012. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that starting 13 February it launches settlements on transactions concluded within the RTS Money system using bank accounts opened with NSD by the RTS Money participants and their clients. This project is implemented in line with two exchange groups' integration.

RTS Money is a new service for execution of FX trades using a single trading platform on which FORTS and RTS Standard operate. At present the settlements on the transactions are held using ruble and foreign currency accounts opened with the Settlement Chamber RTS. Since the moment of launching settlements using NSD, the accounts opened with the Settlement Chamber RTS shall not be used for settlements on RTS Money transactions.

More information about services provided within the framework of the RTS Money.

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.