OREANDA-NEWS. December 30, 2011. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, and Premex, Russian voice broker, have signed an agreement of intent focused on improvement of a system of settlements on Russian and foreign securities in OTC market. The cooperation provides conducting mutual counseling, joint events, and exchanging in experience in order to develop a system using NSD settlement technology based on DVP.

The companies plan to carry out joint projects focused on expanding DVP in rubles and foreign currency on NSD's accounts with Euroclear/Clearstream: information monitoring, conducting presentations with respect of DVP peculiarities and informing market participants.