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RTS Stock Exchange Trading Hours On December 31st 2002 And In January 2003

Date 25/12/2002

On its December 24th, 2002, meeting the RTS Board of Directors has decided on the following trading hours:
RTS Stock Exchange Classic Stock Market: December 9th-December 20th

Date 25/12/2002

For the week of December 9th -December 20th, 2002, the RTS Index inched 0.92% up and closed at 352.72. The RTS Technical Index closed 3.21% higher at 388.38.
Futures & Options On RTS Stock Exchange Risk Management System Tender To Continue

Date 25/12/2002

On its December 24th, 2002, meeting, the RTS Stock Exchange Board of Directors decided to extend the deadline for selecting the consultant for FORTS (Futures & Options on RTS) risk management system development to March 31, 2003.
Futures & Options On RTS Stock Exchange Market Will Be Open From 10:30 To 18:45 From January 8th, 2003

Date 25/12/2002

On its December 24th, 2002, meeting the RTS Board of Directors decided to extend FORTS trading session by 15 minutes.
"Dialog Optim" And "Fund Broker" Invest" Become Futures & Options On RTS Stock Exchange Clearing Members

Date 25/12/2002

On its December 24th, 2002, meeting the RTS Board of Directors has decided to approve the application of "Dialog Optim" commercial bank and "Fund Broker" investment company to join FORTS (Futures & Options on the RTS) as Clearing members.

Tokyo Stock Exchange And Shanghai Stock Exchange Sign Memorandum Of Understanding

Date 24/12/2002

Tokyo Stock Exchange and Shanghai Stock Exchange have signed a memorandum of understanding. Both Exchanges believe the cooperation between them will foster the benefit of the financial services industry in China and Japan, and will assist in the maintenance of orderly markets in securities in each country.
The NASDAQ Stock Market Announces Open Short-Interest Positions

Date 24/12/2002

As of mid-December, short interest in 2,923 NASDAQ National Market® securities totaled 3,918,789,927 shares compared with 3,967,706,706 shares in 2,941 National Market issues for the month of November.
Santa Claus Makes His First Stop To Ring the Closing Bell™ At The NYSE

Date 24/12/2002

In celebration of the Christmas holiday, the New York Stock Exchange closed at 1:00 p.m. and Santa Claus rang the Closing Bell.
RTS Stock Exchange Order-Driven Stock Market:: December 9th-December 20th

Date 24/12/2002

For the week of December 9th - December 20th, 2002, securities traded on the Order-driven market 10 627 times. Daily average turnover rose 6% to 312 million rubles and 30,6 million shares, compared with 353 million rubles and 28,8 million shares for the period of December 2nd-December 6th. The total turnover on the market equaled 2 805 million rubles, with 275 million shares changing hands.
RTS Stock Exchange Bonds: December 9th-December 20th

Date 24/12/2002

For the period of December 9th-December 20th, 2002, the total volume on the RTS Bonds, the system facilitating trading of corporate, government, municipal debt, and Eurobonds, reached 5 460 thousand US dollars, compared to 673 thousand US dollars for the week of December 2nd. The Eurobonds trading volume amounted to 4 844 thousand US dollars. The number of trades equaled 19.