Solve Financial Consulting completes all procedures for registering companies with Misr for Central Clearing, Depository, and Registry (MCDR), including centralizing the custody of their shares in compliance with regulations and preparing them for listing on the stock exchange.
Misr for Central Clearing, Depository, and Registry (MCDR) is a state-run institution responsible for the custody of traded securities and investor codes. It serves as a center for ensuring the safety and protection of investors' rights and a hub for settling traded securities between market participants. Some banks also offer partial central custody services for shares and bonds, including the deposit and safekeeping of securities, holding securities in case of sale or purchase, collecting coupons at their due date according to the client's instructions, and providing services for subscribing to new issues, as well as executing collateral or freezing transactions on securities if requested.
