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National Settlement Depository (NSD)

Postal address 12, Spartakovskaya St., Moscow, 105066, Russia
Tel. +7 495 234-48-27
Fax +7 495 956-09-38

National Settlement Depository (NSD) is a key component of the Russian financial infrastructure.

As Russia's CSD, NSD provides services with respect to securities provided for by Federal Law No. 414-FZ dated 7 December 2011 "On the Central Securities Depository", as well as other Russian and foreign securities.

NSD is a member of the Moscow Exchange Group and operates from its offices in Moscow. NSD offers a wide range of services, including bank account (payment) services, registration of OTC trades (Trade Repository services), information services, liquidity management services, and IT services.

NSD is gradually growing as infrastructure for the financial market ecosystem. NSD also seeks to contribute to the national policy aimed at digitalization of Russia's economy, including the emergence of a new asset class for investors and ecosystems for ICOs and digital assets trading.

We are an active member of the global post-trade community, providing post-trade services in Russia. Thanks to our integration into the global financial systems, links with foreign depositories, and long-standing expertise, our clients can efficiently operate in foreign markets.

Documents and licenses

Viktor Zhidkov,
Chairman of the Executive Board of National Settlement Depository, Moscow, the Russian Federation

Viktor Zhidkov has worked in financial markets for more than 25 years. Between 2009 and 2021, he was the Chairman of the Executive Board of Vesta Investment Bank . From 2006 to 2009, he was First Vice President and Management Board member of Petrokommerts Bank, and from 1994 to 2006, he headed the Treasury and Financial Markets Division at MDM-Bank.

Victor Zhidkov has been a member of the Board of Directors of the self-regulatory organization National Financial Association for 13 years. He has also been a member of the Exchange Council since 2015.

Victor Zhidkov graduated from the Leningrad Institute of Aviation Instrumentation and also holds an MBA from the Academy of National Economy under the Government of the Russian Federation.

Professional Experience:

Company Title Term
National Settlement Depository Chairman of the Executive Board 17 May 2021 – to date
Investment Bank VESTA (Limited Liability Company) Chairman of the Executive Board 1 December 2009 – 15 January 2021
Investment Bank VESTA (Limited Liability Company) Member ot the Board of Directors 1 March 2010 – 19 May 2021
CREDIT BANK OF MOSCOW (public joint-stock company) Advisor to the Chairman of the Executive Board (part-time) 9 February 2018 –  9 September 2019
CREDIT BANK OF MOSCOW (public joint-stock company) Director of Small and Medium Business Department (part-time) 10 September 2019 – 12 January 2021
Self-regulatory organisation "National Finance Association" Member of the Board of Directors  22 May 2020 – to date
Autonomous Non-Commercial Organization “Sports Club “Trilife” Member ot the Executive Board 14 February 2018 – to date


    • Safekeeping
    • Settlement of on-exchange and OTC transactions (FOP,  DVP)
    • Corporate actions
    • Tax agentservices
    • Issuer Services


    • Consolidated and verified information about securities, corporate actions, instrumentsand codes: ISIN, CFI, LEI
    • Valuation center


    • Cash settlement services
    • FX services
    • Authorized currency control
    • Cash accounts maintenance


    • Collateral management (tri-party services)and cash and securities netting


    • Registration of OTC derivative and REPO trades


    • SWIFT Service Bureau
    • Connectivity
    • IT outsourcing


    • NNA in Russia andSubstituteNA for the CIS countries
    • Local Operating Unit (LOU) for the Russian market (LEI assignment and verification)

International integration is one of the key development areas for NSD. The efforts taken over the years can be classified into three main types:

  1. building relationships with the international financial community;
  2. implementing international standards;
  3. running a specialpurpose campaign to inform the global investment community about the new Russian market infrastructure configuration.

The success achieved by NSD in the international arena is acknowledged by FTSE Global Markets magazine that named NSD among twenty most influential global financial market players in 2013.

More information about International cooperation