SDC represented by Mr. Khalil Naser, the deputy CEO welcomed a joint delegation from the Palestine Stock Exchange and the Palestinian Monetary Authority chaired by the CDS Manager Mr. Khaled Hamdan on 08/05/2011 to strengthen the ties of corporation and communication with the Arab and International capital markets.

The SDC represented by the Head of the Operations Department, Mr. Ahmad Al-Daoud, presented an explanation about its establishment, goals, various tasks of safekeeping, depositing, transferring of securities, DvP was explained as one of the most important principles which match the international demands on settlement task.

The delegation was enquired about the technical aspects of the linkage mechanism between the SDC’s electronic system and the settlement bank, where the Head of Systems Development and IT Departments explained deeply this mechanism.

The importance of this meeting is to provide the SDC’s expertise in the field of clearing and settlement in favor of sisters and brothers in the Palestine Stock Exchange and the Palestinian Monetary Authority.