Doha, March 07 (QNA) - Qatar Central Securities Depository (QCSD) has issued its February report, featuring its major procedures, including preserving, recording, managing, owning, clearing and settling securities and their derivatives and other financial instruments.

The procedures also included providing related financial services, as well as the transfer of ownership of executed contracts through trading and transfers such as family transfers, inheritance, exception, booking and decommissioning operations, pledges and release of pledges operations at the request of relevant parties. The details of a number of shareholder statements were also updated and new shareholders added.

Among the company's activities in February was the transfer of ownership of the third market, in which 147 family transfers were carried out in February compared to 149 in January, a decrease of 1.34%. There were 272 inheritance transfers in February compared to 283, a drop of 3.89%%. There were also 69 exception transfers in February, compared to one transfer in January, up 6,800%.

The number of shareholders recognized by the QCSD's system in February stood at 955,615, compared to 955,559 in January, a change of 0.001%. The number of shareholders with a bank account in February was 48,396 compared to 47,925 in January, a change of 0.98%.

In this regard, the company pointed out that shareholders should update their registered data and add their own bank accounts in order to facilitate the shareholder's access to dividends distributed by companies. 

Last February, 46 pledge operations were registered compared to 87 operations in January, a 47.13% decrease, whereas 160 release of pledge operations were registered compared to 241 operations in January, a 33.61% decrease.

In addition, 98 new shareholders opened accounts as opposed to 83 in January, registering a 18.07% decrease, whereas 5,567 account statements were issued compared to 9,409 in January, showing a 40.83% decrease. Moreover, 303 to whom it may concern certificates were issued in February, compared to 408 in January, showing a decrease of 25.74%. 

The number of shareholders recognized by the system according to nationality (Qatari and non-Qatari) and type of shareholder (individuals and institutions) reached 279,603 individuals in February, compared to 279,613 in January, down by 0.003%. The number of shareholders from Qatari institutions in February was 3,796 companies compared to 3,793 in January, with a 0.07% change. 

The number of non-Qatari shareholders in February reached 668,153 shareholders compared to 668,103 shareholders in January, a change of 0.007%, while shareholders from non-Qatari institutions reached 4,063 in February compared to 4,050 in January, with a change of 0.3%. The number of users of the company's website in February was 898 users, compared to 862 in January, a change of 4.17%. The number of transactions reached 3,936 in February compared to 4,240 in January, down by 7.16%. 

Qatar Central Securities Depository (QCSD) also registered treasury bills issued by Qatar Central Bank for the first quarter of 2018 in its regulations, as it recorded treasury bills on February 4. These treasury varied from a three-month treasury deposit of QR 375 million with a total of 37,500 issues and maturing on May 1, 2018, on the other hand , a six month treasury deposit note was issued for QR 475 million with a total of 47,500 issuance and maturing date on 1 August 2018, and a nine month treasury deposit note with a value of QR 300 million was also issued with a total of 30,000 issues and maturities of the first of November 2018. 

Moreover, QCSD also added the free shares of Ahli Bank, so the new capital became (QR2,103,604,350) distributed to (210,360,435) shares. In addition it added free shares to Qatar Insurance Company, so the new capital became (QR3,189,058,750) distributed to (318,905,875) shares. The company also registered units of the Fund of the index of the Qatar Exchange Traded Fund on the company's regulations with an initial capital of 1,573,731 (units), thus the fund units are available for trading as of Monday, March 5, 2018. 

Meanwhile, Qatar Central Securities Depository's call center received 1,013 calls in February compared to 1,086 in January, showing a decrease by 6.72%. (QNA)