Muscat Clearing & Depository

Company profile

Muscat Clearing & Depository company profile

Muscat Clearing & Depository (MCD) operates as a central securities depository in Oman, providing a wide range of financial services. Established in 1999, MCD plays a crucial role in the Omani capital market by offering services such as the clearing, settlement, and depository of securities. MCD also facilitates the electronic registration and transfer of securities, ensuring efficient and secure transactions for investors. Additionally, the company supports the issuance and management of government bonds and provides an E-IPO service, allowing for electronic initial public offerings. With a focus on enhancing the infrastructure of the capital market, MCD is committed to maintaining the integrity and stability of the financial system in Oman.