National Settlement Depository (NSD) is the central securities depository of the Russian Federation, a part of the Moscow Exchange Group. The Bank of Russia recognized NSD the systemically important central securities depository, settlement depository and repository. The NSD payment system has a status of the systemically and nationally important system.
NSD offers a wide range of services to its clients including settlement and depository services, registration of OTC transactions (repository services), information services and collateral management services. NSD conducts all exchange settlements and a major part of OTC settlements, services Russian and foreign securities as central securities depository. Currently, NSD has accounts with central securities depositories and international central securities depositories of eight countries, as well as correspondent accounts with major foreign and Russian banks. NSD services securities issued by the companies representing more than 40 countries.