National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that starting 13 February it launches settlements on transactions concluded within the RTS Money system using bank accounts opened with NSD by the RTS Money participants and their clients. This project is implemented in line with two exchange groups' integration.
RTS Money is a new service for execution of FX trades using a single trading platform on which FORTS and RTS Standard operate. At present the settlements on the transactions are held using ruble and foreign currency accounts opened with the Settlement Chamber RTS. Since the moment of launching settlements using NSD, the accounts opened with the Settlement Chamber RTS shall not be used for settlements on RTS Money transactions.
More information about services provided within the framework of the RTS Money.