MICEX Settlement House Completes Reorganization

Top Quote Russia's MICEX Settlement House reports it has completed its reorganization in the form of accession to it of National Depository Center. End Quote
  • (1888PressRelease) November 11, 2010 - MOSCOW - MICEX Settlement House (MICEX SH) shall notify on completion of the reorganization in the form of accession to it of "The National Depository Center" (Closed Joint Stock Company) (NDC).

    On November 3, 2010 the data related to the reorganization of the MICEX SH (Principal State Registration Number 1027729132563; Registration Number assigned by the Bank of Russia 3294; Taxpayer Identification Number 7702165310; registered address: bldg 8, 1/13 Sredny Kislovsky pereulok, 125009 Moscow, Russia) in the form of accession to it of NDC (Principal State Registration Number 1097799013256; Taxpayer Identification Number 7703394070; registered address: bldg 4, 1/13 Sredny Kislovsky pereulok, Moscow, Russia) has been entered into the Unified State Register of Legal Entities.

    After reorganization MICEX SH became NDC's universal successor with regard to its rights and obligations.

    The registered address and the list of banking operations of MICEX SH after reorganization remain unchanged.

    In the meantime we inform you of the following new names of MICEX SH and its branches:

    Full business name in Russian: Небанковская кредитная организация закрытое акционерное общество Национальный расчетный депозитарий.

    Brief business name in Russian: НКО ЗАО НРД

    Full business name in English: National Settlement Depository

    Brief business name in English: NSD

    Full name: Rostov Branch of National Settlement Depository

    Brief name: Rostov Branch of NSD

    Full name: Primorsky Branch of National Settlement Depository

    Brief name: Primorsky Branch of NSD

    Full name: Nizhny Novgorod Branch of National Settlement Depository

    Brief name: Nizhny Novgorod Branch of NSD

    Full name: Urals Branch of National Settlement Depository

    Brief name: Urals Branch of NSD

    Full name: Siberian Branch of National Settlement Depository

    Brief name: Siberian Branch of NSD

    Full name: Samara Branch of National Settlement Depository

    Brief name: Samara Branch of NSD

    We would like to draw your attention that Eddie Astanin has been appointed the Chairman of NSD Executive Board.

    We also announce opening of NSD's additional office "Krasnye Vorota" at the address: bldg 1, 13 Mashkova Str., 105062 Moscow, Russia.

    NSD's details are as follows:

    Registered address: bldg 8, 1/13 Sredny Kislovsky pereulok, 125009 Moscow, Russia
    Postal address: bldg 1, 13 Mashkova Str., 105062 Moscow, Russia
    Principal State Registration Number: 1027739132563
    Taxpayer Identification Number/Tax Registration Reason Code: 7702165310/7750011001
    Correspondent account #30105810100000000505 in the Branch #1 of the Bank of Russia's Main Territorial Directorate
    Bank Identification Code: 044583505

    About MICEX Group

    The MICEX Group is an integrated exchange that provides services related to electronic trading, clearing, settlements as well as depository and information services. The Group is comprised of the MICEX, the MICEX Stock Exchange, the National Mercantile Exchange, the MICEX Settlement House, the National Depository Centre, commercial bank National Clearing Centre, regional exchange and settlement centers, as well as other organizations. The Group serves over 1700 participants in the on-exchange market - leading Russian banks and broker companies from Moscow and other large financial and industrial centers of Russia. At present, the MICEX Group is the largest exchange in Russia, the CIS, Central and Eastern Europe. In terms of the volumes of on-exchange trading in securities, the MICEX Stock Exchange is among the worlds' top 25 stock exchanges.

    About the MICEX SH

    The MICEX Settlement House (MICEX SH) is Russia's largest non-banking credit institution specializing in providing settlement services to participants in financial markets of the Russian Federation. MICEX SH provides settlement services that meet present-day requirements for efficiency, continuity and operational reliability. In accordance with the agreement concluded between MICEX SH and the Bank of Russia, MICEX SH acts as a settlement center for the organized securities market.

    Services provided by the MICEX SH are in high demand. Its clients number more than 890 major banks and financial companies from various regions of Russia, such as Sberbank, GPB (OJSC), Vnesheconombank, JSC VTB Bank, financial companies Troika Dialog and BCS Ltd., major foreign financial institutions subsidiaries, including CB "J.P. Morgan Chase Bank"(LLC), ZAO Citibank, Deutsche Bank Ltd., ZAO UniCredit Bank, ZAO Raiffeisenbank, Russian and foreign exchanges, the largest international brokerage company subsidiary "Cargill Yug. Ltd." and other organizations.

    About NDC

    National Depository Center (Closed Joint Stock Company) is the largest settlement depository in Russia, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers. NDC 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 Eurobonds. The international rating agency Thomas Murray has assigned NDC an АА- rating as a central depository. NDC is Russia's national numbering agency, and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.

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