Russian CSD the National Depository Center (NDC) has celebrated its tenth anniversary by publishing a history of the Russian securities market. It id the first of a planned series collectively entitled Russia’s Economic Chronicle.”
The book, “History of Russian Stock Market: Depositories and Registrars” by journalists Nikolai Krotov and Oleg Nikulshin, is dedicated to the late Andrei Kozlov, a former NDC Chairman who played an important role in the development of the Russian stock market.
Copies of the book were given to guests attending an NDC anniversary celebration on 26 January, at which the guest speakers included Konstantin Korischenko, Deputy Chairman, Russia’s Central Bank, and Chairman of the Board, NDC; Oleg Vyugin, Head of the Russian Federal Financial Markets Service (FFMS); Alexander Potemkin, President, MICEX; Nikolai Egorov, Director, NDC; Jeffrey Tessler, CEO, Clearstream International; Bakhtiyar Azizov, President, Azerbaijan’s National Depository Center, and Sankari Durg Rajagopal Venkata Satya Nagendra Kumar, Project Manager, Tata Consultancy Services.
The “Russia’s Economic Chronicle” series will include memoirs, chronicles and historical documents. The series was initiated by Andrei Kozlov with a view to compiling the memoirs of leading contributors to the formation and development of the Russian stock market. Kozlov died in September 2006. The first title in the series, which includes full-text interviews with a number of stock market players, was prepared rapidly, and covers the formative stages of the market’s development, from the early 1990s to the year 2000. Some of the materials compiled have been set aside for the next title, which will cover more recent developments.