Custody/clearing  
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RUSSIA - Capital Market Infrastructure Summary

Central Securities Depositories
DCC
NSD
National Settlement Depository

Central Counterparties
Russia Trading System Clearing Chamber
National Clearing Centre

BIS Model
Exchange transactions:
Model 3
Model 1 available through NSD

Settlement Cycle
T+0 to T+3

Comment
NSD acts as the CSD for Equities, ETFs, Government bonds, Corporate bonds, T-bills, Commercial paper, Investment funds, Rights and warrants.

Key terms defined in our glossary:

Central Securities Depository
Central Counterparty
BIS Model 3
BIS Model 1
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.