Securities Depository Centre

What Securities Depository Centre does

Securities Depository Centre (SDC) is a government-owned central securities depository established in 1999 under Jordan's Securities Law, headquartered in Amman with a workforce of 51-100 employees. SDC provides core post-trade infrastructure for Jordan's capital market, including securities registration, safekeeping, deposit, ownership transfer, clearing, and settlement. It serves three institutional segments on a mandatory basis: public shareholding companies whose securities are listed in Jordan, licensed brokerage firms operating on the Amman Stock Exchange (ASE), and authorized custodian banks. Individual investors access ownership data through digital self-service channels rather than as direct clients.

SDC operates the proprietary Scorpio electronic system as its core processing engine and runs a suite of digital services: the e-Portfolio platform for investor holdings, the Sanad mobile application (integrated with Jordan's national digital identity ecosystem and built in cooperation with the Ministry of Digital Economy and Entrepreneurship), an electronic public subscription (e-IPO) system, a Members Area portal for brokers and custodians, the M-Files electronic notification system, and a Statistical Data Service. Cross-market connectivity is delivered through the Tabadul platform, linking the Amman Stock Exchange with the Abu Dhabi Securities Exchange (operational since June 2026) and a broader network of Arab and Central Asian exchanges including Muscat, Bahrain, Astana, Kazakhstan, and Armenia.

SDC generates revenue through transaction-based fees charged to member companies for securities registration, deposit, safekeeping, ownership transfer, clearing, and settlement, plus an associated Settlement Guarantee Fund. Pricing is set under regulatory frameworks issued by the Jordan Securities Commission rather than via public rate cards, and financial statements are not publicly disclosed. As a state-owned institution, SDC has no external shareholders, raises no private capital, and is not a conventional PE/VC or M&A target. International standing is maintained through membership in the Association of National Numbering Agencies (ANNA) since 2004 — where the CEO Sarah Tarawneh serves on the ANNA Board and the ANNA Implementation Company (AIC) board — and through Affiliate Membership in IOSCO effective 20 July 2025.

Name

Securities Depository Centre

Legal name

Securities Depository Centre

Website

https://sdc.com.jo

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Securities Depository Centre (SDC) is Jordan's government-owned central securities depository, established in 1999, providing registration, safekeeping, clearing, and settlement services to public shareholding companies, brokerage firms, custodians, and investors via the Scorpio platform and digital channels including e-Portfolio and Sanad.

Ownership category

akta.pro rank

Product category

Central Securities Depository Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (5232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

International CSDs (ICSDs) (FSAFAGAB)

akta.pro secondary industries

Securities Clearing & Custody Services (DVP/RVP, Safekeeping) (FSABAJAD), Securities & Custody Operations (Safekeeping, Corporate Actions, Settlement Support) (FSABALAG)

Keywords

• Central securities depository
• Securities clearing settlement
• Capital market infrastructure
• Securities safekeeping services
• ISIN numbering agency

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Others

Revenue model

1. Securities Registration and Depository Fees: SDC generates revenue through fees charged to member companies for securities registration, deposit, and safekeeping services. Fees apply to corporate actions including share capital increases and ownership transfers.
2. Clearing and Settlement Services: Fees for conducting clearing and settlement operations for securities trades executed through the market

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

SDC operates Jordan's central securities depository, providing registration, safekeeping, deposit, ownership transfer, clearing and settlement of securities. It runs electronic platforms (Scorpio, e-Portfolio, Sanad app) and serves as the national ISIN numbering agent, while enabling cross-market trading through the Tabadul regional platform.

Product overview

Securities Depository Centre (SDC) operates as Jordan's central securities depository, providing core infrastructure services for the capital market. The company offers a unified platform with multiple electronic services including securities registration, safekeeping, deposit and transfer of ownership, clearing and settlement operations, and investor services. Key products include the e-Portfolio platform for investor account management, electronic subscription services (e-IPO), statistical data services, and the Sanad mobile application for digital identity-integrated ownership viewing. The SDC also enables cross-market trading through the Tabadul platform integration with regional exchanges.

Differentiator

Problem solved

Functional benefit

Brands

• Sanad (سند): Mobile application for direct viewing of securities ownership via integration with Jordan's national digital identity ecosystem
• e-Portfolio (محفظتك الإلكترونية)
• Tabadul (تبادل)

Products and services

• e-Portfolio (محفظتك الإلكترونية) Digital web platform enabling investors to monitor their securities holdings, review account details, and track executed transactions within a secure digital environment. Available to Jordanian investors at web-eportfolio.sdc.com.jo.
• Electronic Public Subscription (e-IPO) Electronic system enabling investors to subscribe to securities offerings through the SDC website, reducing errors associated with paper-based subscription forms. Used during IPO and capital increase subscription periods for listed companies.
• Members Area (منطقة الأعضاء) Internal member portal providing access to member information, corporate actions, and system training resources for licensed brokers and custodians. Enables operational workflows for member institutions.
• M-Files Electronic Notification System Electronic notification system used by SDC for official communications, memos, and corporate action notifications sent to member institutions and the public.
• Settlement Guarantee Fund (SGF) Fund managing and protecting settlement operations for financial market transactions, providing settlement guarantees for trades executed through member brokers and custodians. Covers JD 55,702,521.70 in pending settlement amounts daily.
• Statistical Data Service Statistical data services providing daily, monthly, and yearly market statistics and reports on trading volumes, transfers, ownership concentrations, investor nationalities, and financial ratios. Powers transparency and disclosure for the Jordanian capital market.
• Securities Registration and Safekeeping Services Core CSD services including registration, safekeeping, deposit, and transfer of securities ownership, clearing and settlement operations, and ownership restriction management for all securities held in Jordan's central registry. Mandated service under Jordan's Securities Law for public shareholding companies.
• Tabadul Cross-Border Trading Link Cross-border electronic trading platform connecting Amman Stock Exchange with Abu Dhabi Securities Exchange (and broader Tabadul member exchanges including Muscat, Bahrain, Astana, Kazakhstan, Armenia), enabling investors to trade Jordanian and regional securities through their local brokers.

Quantifiable outcome

• Successfully activated electronic link between Amman Stock Exchange and Abu Dhabi Securities Exchange in June 2026
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, major and supporting.

• Abu Dhabi Securities ExchangecoreStrategic or Co-development Partner · 11 December 2024SDC and Amman Stock Exchange signed an agreement with Abu Dhabi Securities Exchange to join the Tabadul electronic platform, enabling cross-market trading between Jordanian and UAE markets. The platform was launched in June 2026, allowing investors to trade across both markets through financial intermediaries.
• Association of National Numbering Agencies (ANNA)coreStrategic or Co-development PartnerSDC is a prominent member of ANNA since 2004 and serves as the approved national numbering agent for all securities issues in Jordan. The CEO serves on ANNA's Board of Directors and as a Board Member of the ANNA Implementation Company (AIC) in the UK.
• International Organization of Securities Commissions (IOSCO)majorStrategic or Co-development PartnerSDC joined IOSCO as an Affiliate Member on 2025/07/20. IOSCO is the leading global reference organization in securities market regulation with over 130 member regulatory authorities and financial institutions worldwide.
• Tabadul Platform Member ExchangescoreStrategic or Co-development PartnerSDC is connected to regional exchanges through the Tabadul platform which includes: Muscat Stock Exchange, Bahrain Bourse, Astana International Exchange, Kazakhstan Exchange, Armenia Securities Exchange, and Abu Dhabi Securities Exchange.
• Ministry of Digital Economy and EntrepreneurshipmajorTechnology or IntegrationCollaboration on the Sanad application enabling direct access to securities ownership data through integration with the national digital identity ecosystem.
• Arab and Middle East Depositories Association (AMEDA)supportingStrategic or Co-development PartnerSDC participates in regional CSD cooperation through AMEDA, the association for Africa and Middle East depositories.
• Federation of Euro-Asian Capital Markets (FEAS)supportingStrategic or Co-development PartnerSDC participates in FEAS activities, an organization connecting European and Asian capital markets.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Others

• Amman Stock Exchange (ASE): Jordan's primary securities exchange and SDC's domestic ecosystem partner. Not a CSD, but the trading venue whose activity drives SDC's settlement and clearing volumes.

Emerging players

• Abu Dhabi Securities Exchange (ADX): UAE exchange operator and counterpart on the Tabadul platform that launched electronic linkage with SDC in June 2026. Comparable as a regional capital market infrastructure player and a strategic partner rather than a direct CSD competitor.

Direct peers

• Clearstream (Deutsche Börse): One of the world's largest international CSDs (ICSD), providing securities settlement, safekeeping, and fund services across global markets. Most direct functional peer to SDC's depository and settlement mandate, though at vastly greater scale.
• SIX SIS: Swiss CSD providing settlement, safekeeping, and custody services for the Swiss and cross-border markets. Comparable in operating model and product breadth to SDC for a national market.
• Euroclear: International CSD operating cross-border settlement infrastructure for bonds, equities, funds, and collateral. Directly comparable to SDC in function (CSD/ICSD services) and member-driven model.
• DTCC (Depository Trust & Clearing Corporation): US central securities depository and clearinghouse providing settlement, custody, and asset servicing. Operates the same core CSD functions as SDC (registration, safekeeping, settlement) at national-infrastructure scale.
• Nasdaq CSD: CSD serving the Nordic and Baltic markets under Nasdaq, providing post-trade infrastructure. Comparable as a regional CSD serving multiple national markets with shared infrastructure.
• JASDEC (Japan Securities Depository Center): Japanese CSD providing custody, settlement, and book-entry transfer of securities. Comparable in CSD function and regulatory-monopoly position within its national market.
• CREST (Euroclear UK & International): UK CSD for equities and securities settlement operated by Euroclear. Direct functional peer in book-entry settlement and dematerialized securities.

Regional players

• Muqassa (Saudi Central Securities Depository): Saudi Arabia's central securities depository serving the Tadawul exchange, providing similar CSD and settlement functions in a neighboring MENA market. Regional peer with comparable mandate but larger market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sdcjordan
• Facebookfacebook.com/sdcjordan
• LinkedInlinkedin.com/company/sdcjordan

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 Securities Depository Centre