May 19, 2017 BY Valentina Kirilova
Russia's NSD launches a service for prioritizing instructions when settling securities transactions
National Settlement Depository (NSD), Russia’s central securities depository, has launched a service allowing for the prioritization of the execution of instructions when settling securities transactions on a DVP basis (transaction code 19/0) or a FOP basis (transaction code 16). The prioritization service complies with international central securities depositories’ practice, increases settlement efficiency, and allows clients…
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