FEAS Yearbook FEAS Yearbook 2019 | Page 91

Corporate actions

Account structure (CSD only)

CSDI as a central depository opens accounts for all the investors who are almost 7 million.

Management of end-investor's information (CSD only)

IGF: Information Gathering System

IR2A: Incremental Risk Reduction and Awareness System

Eligible securitiesDepository rate at CSD (CSD only)

1. CSDI is responsible for listed companies and the banking system is in charge of unlisted instruments, therefor, 0 means N

2. Islamic bonds such as Sukuk is almost...

3. Share and Value

Core services - Pre trade

0. Pre-order Balance Control

1. IEE: Pre-Paid Control and Actions

2. Futures: Initial Margin

3. Options: Margin

4. Balance Dissemination

Core services Clearing

Exchange trade clearing (Securities)

1. Multi-currency Net-clear

2. Rolling Mechanism

3. Gross-Net Clearing

4. Settlement Guarantee Fund

5. Multi-exchange Clearing and Netting

Exchange trade clearing (Securities) with obligation assumption by (institution's name)

Tender-offers for wholesale trades and any couple of members with mutual agreements

OTC (off-exchange) trade clearing (Securities)

1. Multi-currency Net-clear

2. Rolling Mechanism

3. Gross-Net Clearing

4. Settlement Guarantee Fund

5. Multi-exchange Clearing and Netting

OTC (off-exchange) trade clearing (Securities) with obligation assumption by (institution's name)

For services for OTC and any couple of members with mutual agreement

(1)provides securities lending mechanism or cash/ collateral management, (2)settlement bank services, extending credit, etc., (3)CA related services, (4)services relating to the shareholder register, (5)custodian bank services ("investor CSD" services), etc.

1. Cash/pledge

2. Multi-bank clearing, bank members, dissemniation of clearing in T+0, clearing SMS

3. Multi-bank clearing, CAS system, bank members

4. IPF, ISS, IGS, IR2A, CertDistro

5. no, CSDI is a central custody for the whole market

Market Future Developments

We seek to open new doors by leveraging the latest technologies as well as demonstrating flexibility to emerging opportunities in order to provide innovative services that will meet the rapidly evolving needs of our clients.

Established: 2005

CEO: Mr. Hossein Fahimi

Address: #13,Naderi Street, Italy Intersection,

Keshavarz Boulevard; Tehran, Iran;

1416643168

Contact Name: Mr. Siavash Azimi

Email: [email protected]

Website: en.csdiran.com/

Yearbook 2019

About Central Securities Depository of Iran

The capital of the CSDI is made up of 500 million shares.

Click here to read about CSDI accomplishments in 2017 and most prominent E-services.

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