Misr for Central Clearing, Depository and Registry
About Misr for Central Clearing, Depository and Registry
Established: August 1994
Chairman & Managing Director: Mr. Mohamed Abdel Salam
Address: 70 ElGomhorya St., Downtown, Cairo, Egypt
Contact name: Riham Gamal
Email: [email protected]
Website: www.mcsd.com.eg
The Federation of Euro-Asian Stock Exchanges
Year in review
66
About Company
Established: August 1994
Address: 70 ElGomhorya St., Downtown,
Cairo, Egypt
Working hours: 08:30 - 16:30
Contact person: Nevine Taher
Email: [email protected]
Website: www.mcsd.com.eg
- Joined FEAS in 2008 -
Khaled Rashed
Managing Director
In 2021, the number of members in MCDR reached 272: 146 brokerage firms, 56 custodians, 46 direct settlement members, 16 primary dealers and 8 register owners.
The no of participants reached 18,937 with an increase of 22.34% compared to year 2020. They benefit from Depository and Registrar services in addition to other complementary services such as Lending and borrowing of securities, Pledge of securities, Certificate of authorization, Swift and statement of account services.
The market value of deposited securities in the company reached 4.2 trillion EGP for securities issued with local currency, 316 billion US$, 8.7 million CHF, 446.7 million Euros, 331.7 million Sterling and 172 million Kuwait Dinar for securities issued with foreign currency, with a total value of 4.4 trillion EGP according to the exchange rate declared by the Central Bank of Egypt on 31/12/2020.
On the other hand, MCDR’s settlement system handled 11.8 million transactions with total amount 995.5 billion EGP with an increase of 212 percent compared to 2020. Settlement risk is controlled by MCDR’s Settlement Guarantee Fund.
Regarding the Central Registrar services, MCDR conducted 2692 corporate actions operations on behalf of the issuer companies in 2021 with an increase of 13.4% compared to 2020. In addition, the dividend payments done through the company in 2021 amounted 630 billion EGP with an increase of 40% compared to 2020.