Russian and Chinese CSDs team up
26 June 2015 Moscow
Image: Shutterstock
Russia鈥檚 National Settlement Depository (NSD) and China Central Depository and Clearing (CCDC), which services governmental securities, have agreed to work together to boost participation in both markets.
The parties agreed to share experience and information, to develop cooperation in the sphere of depository and settlement operations, operational interactions using corresponding accounts, corporate actions processing and information services.
NSD and CCDC intend to cooperate bilaterally and within the Association of Eurasian Central 麻豆传媒 Depositories, Association for Corporate Growth and World Forum of Central 麻豆传媒 Depositories.
Eddie Astanin, chairman of the executive board at NSD, commented: 鈥淩ussia鈥檚 post-trading infrastructure integration with the global market and with the Chinese market in particular meets our clients鈥� interests and expectations.鈥�
The parties agreed to share experience and information, to develop cooperation in the sphere of depository and settlement operations, operational interactions using corresponding accounts, corporate actions processing and information services.
NSD and CCDC intend to cooperate bilaterally and within the Association of Eurasian Central 麻豆传媒 Depositories, Association for Corporate Growth and World Forum of Central 麻豆传媒 Depositories.
Eddie Astanin, chairman of the executive board at NSD, commented: 鈥淩ussia鈥檚 post-trading infrastructure integration with the global market and with the Chinese market in particular meets our clients鈥� interests and expectations.鈥�
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