OREANDA-NEWS. May 12, 2012. CJSC JSCB National Clearing Centre, National Settlement Depository and RTS Clearing Center, the most highly capitalized companies of the MICEX-RTS Group, posted an increase of net income in Q1 2012.

In the first quarter of 2012 net income of CJSC JSCB National Clearing Centre amounted to RUB928.8 mln, up 225% on the same quarter last year. Net income of National Settlement Depository under the Russian Accounting Standards was up 57.1% compared to the same quarter of 2011 reaching RUB963mln. RTS Clearing Center reported an upturn in net income of 84% (RUB379 mln).

Remarkable Q1 2012 financial performance of the companies was driven by the business rearrangement followed by a redistribution of income between the parent company and its subsidiaries. In particular, securities market clearing was transferred from MICEX-RTS to CJSC JSCB National Clearing Centre in late 2011.