ACDR

What ACDR does

ACDR, whose legal name suggests Afghanistan Central Depository and Registry, is a financial market infrastructure entity headquartered in Kabul, Afghanistan. Founded in 2014, the organization maintains a domain at acdr.af with English-language subdirectory support, but the publicly accessible web presence is limited to bare Apache server directory listings and contains no documented products, services, technology stack, or operational details.

Based on its name, ACDR would be expected to provide securities depository, custody, and issuer registry services supporting Afghanistan's capital markets — functions typically mandated by a national regulator and serving licensed brokers, issuers, and investors. However, the source material contains no evidence of the company's actual operating scope, regulatory mandate, technology platform, or service catalog.

The firm operates with a very small team of approximately 11 employees, and there are no disclosed funding rounds, revenue figures, customer lists, leadership profiles, partnerships, certifications, or pricing models in the available data. The absence of substantive public information — combined with the empty website — materially constrains any investment-grade assessment of the business's commercial activity, scale, or trajectory.

Name

ACDR

Website

https://acdr.af

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

ACDR (Afghanistan Central Depository and Registry) is a Kabul-based financial market infrastructure entity, founded in 2014 with about 11 employees. Its public web presence is minimal and no operational products, services, or revenue data are documented in available sources.

Ownership category

akta.pro rank

NAICS

Securities and Commodity Exchanges (52321)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

International CSDs (ICSDs) (FSAFAGAB)

Keywords

• Central securities depository
• Securities registry services
• Capital market infrastructure
• Financial market intermediary
• Securities custody settlement

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Core offering

ACDR operates as the Afghanistan Central Depository and Registry, providing securities depository, registration, and related capital-market infrastructure services within Afghanistan. The organization is headquartered in Kabul and was established in 2014. Its public website at acdr.af is a minimal directory-index page and does not detail specific service lines or fee schedules.

Product overview

ACDR (Afghanistan Central Depository and Registry) operates a basic website at acdr.af, featuring an English-language section (/en/). The available source data consists of directory index listings and does not contain substantive product or service information.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights1 record

Broad incumbents

• Euroclear: Euroclear is the dominant European ICSD, providing settlement and custody for international securities. It is a broad incumbent peer that illustrates the scale potential of the CSD business model ACDR occupies.
• Clearstream: Clearstream is one of the world's largest international CSDs, providing cross-border settlement, custody, and securities services. It represents the incumbent international CSD model that ACDR could potentially connect to if cross-border issuance matures.

Emerging players

• Strate (South Africa): Strate is the licensed CSD for South African securities markets, providing settlement, clearing, and registry services. It is an emerging-market CSD peer with a comparable operational mandate.

Direct peers

• Kazakhstan Central Securities Depository (KACD): KACD is the national CSD of Kazakhstan, providing securities registry, settlement, and related services. It is a directly comparable emerging-market CSD that operates in a frontier/transition economy similar to Afghanistan's.
• Central Depository Company of Pakistan (CDC): CDC Pakistan is the national CSD and securities registry serving the Pakistani capital markets. It is the most directly comparable peer to ACDR, operating a similar depository and registry mandate in a neighboring South Asian frontier market with comparable institutional and regulatory characteristics.
• Egyptian Central Depository and Registration (MCDR): MCDR is the central securities depository and registry of Egypt, providing depository and settlement services for the Egyptian capital market. It is a directly comparable emerging-market CSD.
• Central Securities Depository of Nigeria (CSCS): CSCS is Nigeria's national CSD, providing settlement, clearing, and registry services for the Nigerian capital market. It is a directly comparable emerging-market CSD in a similarly developing economy.

Regional players

• National Securities Depository Limited (NSDL): NSDL is India's primary CSD and the largest depository by value in the country. It is a regional comparator for ACDR, illustrating the scale and operational model a South Asian CSD can achieve.
• Central Depository Services (India) Limited (CDSL): CDSL is one of two national securities depositories in India, providing depository, settlement, and registry services across Indian equity markets. It is a regional peer operating CSD infrastructure in a South Asian market adjacent to Afghanistan's.

Others

• Deposito Central de Valores (DCV) - Chile: DCV is the Chilean CSD, providing settlement, custody, and registry services. It is an adjacent CSD peer that illustrates the operational template for a national depository in a smaller equity market.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat1 record

Key risks4 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/acdrafg

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ACDR