NSD Archives - The Industry Spread

BANKEX and Fusion to Tokenize Commercial Loans for SMEs

May 8, 2019

The partnership will promote the tokenization of collateralized digital assets, starting with commercial loans for small-medium enterprises (SMEs) where there are a $1.2 trillion funding gap and innovative real estate investments.

Moscow Exchange Announces Changes to Management Team

April 21, 2019

Moscow Exchange’s Supervisory Board approved changes to the company’s management team. Having delivered ahead of schedule on all of the goals set out in the Exchange’s current strategy, Alexander Afanasiev will step down from his role as Chief Executive Officer. In line with best corporate governance practices, the Board has engaged in a succession planning process over the last year, supported by professional consultants. As a result of the process, the Board has recommended the appointment of Yury Denisov as Chief Executive Officer, pending approval of his candidacy from the Bank of Russia. Upon this approval, the Board plans to confirm Yury Denisov in this role. Alexander Afanasiev will remain as CEO until 15 May 2019. 

RBNZ: Official Cash Rate unchanged at 1.75 percent

March 27, 2019

The Official Cash Rate (OCR) remains at 1.75 percent. Given the weaker global economic outlook and reduced momentum in domestic spending, the more likely direction of our next OCR move is down.

NSD Sums Up 2018 Results

March 9, 2019

In 2018, the value of securities under custody reached RUB 44.97 trillion – this was a 14% increase compared with 2017 (RUB 39.45 trillion).  The total number of securities issues serviced by NSD grew 30% – from 15.4 thousand in 2017 to 20.1 thousand in 2018.