Download presentation
Presentation is loading. Please wait.
Published byLisa Cougill Modified over 10 years ago
1
MICEX Settlement House As Major Settlement Services Provider
2
MICEX Settlement House business profile MICEX SH is one of the basic infrastructures of trade business, since 1997 effecting settlements on all MICEX markets, such as: State securities market Corporate securities market Foreign exchange market Derivatives market MICEX SH provides its customers with a full range of settlement services in Russian rubles and in foreign currencies The number of MICEX SHs customers achieved 839 organizations
3
Main financial figures as of 01 October 2009 Average annual total assets – RUB 128.3 bln Average annual customers funds – RUB 125.0 bln Average annual equity – RUB 3.2 bln (RUB 3197.8 mln) Average annual balances with the Bank of Russia and foreign prime banks - RUB 122.4 bln Average turnover through account with the Bank of Russia in the previous 6 months – RUB 905.7 mln Average turnover through customers accounts in the previous 6 months – RUB 1178.4 mln
4
Settlements Safety and Reliability MICEX SH is a financial institution specializing in settlements MICEX SH maintains obligatory liquidity ratio at the minimum level of 100%, does not effect any investment activity and thus does not carry any credit or other market risks Back-up procedures are in place for all data E-documents exchange is protected by certified encryption mechanism Alternative communications channels are provided Settlement procedures are fully automated
5
Wide network of LORO correspondent banks in Russia Payments within MICEX SHs LORO-network are effected in real-time mode Currently 467 Russian FIs and foreign banks subsidiaries are keeping their RUB bank accounts with MICEX SH
6
Operational advantages MICEX SH is direct participant of BESP system A technological solution providing simplified RUB settlement instruction input for non-Russian banks and organize STP for these settlements is being developed by MICEX SH This development is combined with an initiative for co- operation between MICEX and ICAP
7
Merger with NDC Synergy effect in project realization and service render High capitalization Reduction of costs Lower operational risks New unique opportunities of development Diversification of transactions
8
ContactsContacts * 1/13, stroenie 8, Sredniy Kislovskiy Pereulok, Moscow 125009, Russia ( Administrative Office: +7 495 705 9619 Correspondent Banking Department: +7 495 745 8987 Fax: +7 495 745 8122 SWIFT: MICURUMM Теlex: 485391, 485393 MICU RU " http://www.micex.ru/group/settlementhouse/portraithttp://www.micex.ru/group/settlementhouse/portrait
Similar presentations
© 2024 SlidePlayer.com Inc.
All rights reserved.