Non-Deliverable Swap

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Non-Deliverable Swap

A swap in which the two legs are a major currency and an inconvertible currency. In a non-deliverable swap, the parties net the difference between the exchange rate listed in the swap contract and the spot rate, and one party pays the other that difference. They are usually settled in U.S. dollars. Multinational corporations and countries with minor currencies sometimes use non-deliverable swaps to hedge risk associated with comparatively illiquid currencies.
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NDS offerings provide companies with world-class software applications and professional production process operations.
Delivering on its mission to secure and enable content delivery anytime, anywhere and on any device, NDS has customized its world leading VideoGuard([R]) CA, which is already deployed in more than 50 pay-TV platforms around the globe, to the world of Mobile TV.
NDS currently has two major operating customers in Russia, both based in Moscow.
Commenting on the news, Dr Abe Peled, Chairman and CEO of NDS, said: "We are delighted to be working with Dogan Yayin Holding, the leading media group in Turkey, in this exciting television market.
an NDS Company, is a leading provider of residential and business gateway software platforms and applications.
Using NDS VideoGuard PC, based on the plug-and-play simplicity of the NDS VideoGuard Key[TM], consumers can seamlessly and securely enjoy content delivered to and stored on their PCs.
NDS, the leading provider of technology solutions for digital pay-TV, today announced that the company is increasing its presence in India with the opening of a dedicated sales and support operation in Mumbai.
Providing the key underlying software for both the residential gateway and the set-top box will allow NDS to offer a unique solution for an enhanced, optimized and managed video over broadband service.
Philip Waterman, Director of Platform Sales Europe for NDS, said: "We are delighted that Lumiere has shown their confidence in NDS for their digital terrestrial service launch.
Major investment in research and development is a fundamental value at NDS and has been a cornerstone of our success around the world," he continued.
NDS Synamedia Metro provides operators with a complete IPTV middleware solution based on its MediaHighway[TM] set-top box (STB) middleware application development platform which is running on 44.
LONDON -- NDS (Nasdaq:NNDS) (Brussels:NNDS), the leading provider of technology solutions for digital pay-TV, announced today that Get, one of the leading cable TV and broadband companies in Scandinavia, has selected NDS technology to support its digital cable TV platform.