Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Daily Trading Volume On JSC "RTS Stock Exchange" Exceeded 1 Billion Rubles

Date 15/04/2005

On April 14 th , 2005, total trading volume on the Order-driven market of the JSC "RTS Stock Exchange" reached the all-time record of 1 billion rubles (36.7 million dollars), 22% higher than the previous record posted on April 12 th , 2005.

The best-selling stocks on the market were "RAO UES of Russia" (47.5%), "Norilsk Nickel" (13.3%), RBC (12.7%), and AvtoVAZ (12.6%).

As of April 14 th , 2005, 131 companies-professional market participants are registered on the JSC "RTS Stock Exchange" Order-driven market. 251 securities, including 1 mutual fund, are traded on the market. To maintain two-sided quotations in 39 stocks issued by 27 companies the company formed the institution of the exchange specialists aimed at increasing liquidity in the second- and third-tier stocks.

The JSC "RTS Stock Exchange" Order-driven market holds anonymous trading with the ‘delivery versus payment' settlement technology based on full preliminary deposition of assets. Along with repo trading, the market provides its clients with an opportunity to trade non-anonymously with postponed settlement. Trading from "one cash account" allows for timely fund transfer between the derivatives market FORTS and Order-driven market of the JSC "RTS Stock Exchange" and "Gazprom" market of "St.Petersburg Stock Exchange".

Trading on the Order-driven market is organized by the JSC "RTS Stock Exchange". Non-profit partnership "RTS Stock Exchange" serves as the Clearing center of the joint-stock company, "Depositary and Clearing Company' is the depositary, RTS Settlement Chamber is the settlement bank.