| Home | September 2010News | NDC and MICEX SH Conduct First DVP Transaction Using Accounts Opened with Clearstream Banking S.A. |
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 NDC and MICEX SH Conduct First DVP Transaction Using Accounts Opened with Clearstream Banking S.A.- NDC and MICEX SH Conduct First DVP Transaction Using Accounts Opened with Clearstream Banking S.A.
- September 30, 2010
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Russia's National Depository Center and MICEX Settlement House successfully held the first Delivery Versus Payment settlement transaction in foreign currency using NDC's and MICEX SH's accounts opened with Clearstream Banking S.A.
MOSCOW - NDC and MICEX SH successfully held the first Delivery Versus Payment (DVP) settlement transaction in foreign currency using NDC's and MICEX SH's accounts opened with Clearstream Banking S.A., an international settlement and clearing organization.
Grand Invest Bank OJSC was the first NDC's and MICEX SH's client used the new service.
It is worth reminding that according to the new service scheme NDC is responsible for the securities record, and MICEX SН controls the flow of fu...
- View more at: http://www.1888pressrelease.com/ndc-and-micex-sh-conduct-first-dvp-transaction-using-account-pr-244905.html
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