One of NSD’s priorities is to arrange effective interaction with its clients. To achieve this objective, NSD applies a comprehensive approach based on advanced technologies combined with an individual approach to each client: technologies for prompt interaction with clients continue to improve, the EDI system used by most of the Moscow-based and regional clients is regularly updated, and information services are expanded and enhanced.
NSD provides services to professional securities market participants. NSD’s clients include major Russian banks, brokers, and financial companies.
Clients may open the following types of securities accounts:
Owner securities account | a securities account intended to record title to, or any other interest in, securities in accordance with Article 17 of the Terms and Conditions of NSD’s Depository Operations |
Nominee securities account | a securities account intended to keep records of securities owned by a client’s customer (for organizations holding a professional securities market participant licence for depository operations) |
Trustee securities account | a securities account intended to keep records of securities held by a client in trust on behalf of its customers (for organizations holding a professional securities market participant licence for securities management) |
Foreign nominee securities account | a securities account intended to keep records of securities held by a foreign organization in trust on behalf of its customers (as per the list of foreign organizations in the name of which the central securities depository may open foreign nominee securities accounts, as approved by the Russian federal executive authority in charge of financial markets) |
Trading securities account | a securities account intended to keep records of securities that may be used for the purposes of settling and/or securing liabilities eligible for clearing (such accounts are opened with the designation of a clearing house authorized to give instructions with respect to such accounts) |
Treasury securities account | a securities account intended to keep records of securities issued by a client (for issuers or parties liable on securities) |
Clearing securities account | a securities account intended to keep records of securities that may be used for the purposes of settling and/or securing liabilities eligible for clearing (for clearing houses only), or of securities made part of an asset pool |