December 11, 2017      
Last Data Update:10/12/2017

GM Message

Haitham Al Salmi
General Manager

“It is my pleasure to welcome you to Muscat Clearing & Depository Co. (MCD), the central securities depository as well as the clearing house for Muscat Securities Market (MSM). Our story began in 1993 as a unit under the exchange and emerged as a separate entity in 1999. Since then, we worked with dedication and passion with all market players to create a trustworthy and secured investment environment in Oman through adopting the best practices and international standards to achieve professionalism in all aspects of our business.. ”




Being an important part of the financial market infrastructure (FMI), we work under an intensely regulated environment, where our compliance goes beyond the local regulations. To be in sync with the changing industry practices, we have constantly worked with international advisors. In our endeavor to keep pace with international best practices, we have opted for membership of several international associations such as African & Middle East Depository Association (AMEDA), the Arab Federation of Exchanges (AFE) and Association of National Numbering Agencies (ANNA).

Technology plays a major role in our business. Hence, our focus in upgrading technology is a never-ending process. We have adopted new state of art Universal Central Securities Depositories system (UCSD) in 2014, which enables us to provide value added services to all stakeholders. This includes our major focus on comprehensive risk management.

It is our pleasure to welcome all stakeholders to the upgraded website. The new portal shall enable all stakeholders to gain access to their records with ease, thereby ensuring enhanced efficiency in transactions processing and receiving relevant information. Across all the classes of stakeholders, whether an investor, lender, regulator, custodian or issuer, our online portal will facilitate access to their relevant records and allow transmitting instructions for different services provided by us. While achieving this, we have taken every measure to keep the data secure and leave up to the trust you repose on us. It ties up to our mission statement: “To ensure integrity and safety of the financial markets and systems as a whole. To promote solutions that systematically reduce risks, enhance operating efficiency and minimize cost.”

Our website shall also provide reliable data and statistical information on market size, trades, ownership, structure, investors, issuers, corporate actions, etc, which may be used across the spectrum of stakeholders.

As we trot towards completing second decade of operations, as always, we strive to provide an enhanced stakeholder experience through paperless environment, use of relevant technology and innovations. We hope that we have been successful in catering to the requirements of all our stakeholders. We look forward for any suggestions and comments on our services.

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