Non-Resident Banks Allowed To Trade On RTS Money

At its September 12th, 2003, meeting the RTS Stock Exchange Board of Directors decided to allow foreign banks to trade on RTS Money.

This decision allows the exchange to expand its client base, increase liquidity on the RTS Money market, and helps integrate Russia into the world's financial community.

RTS Money is a joint project of RTS Stock Exchange and Broker Technologies Development Project (BTDP) to create a modern interbank currency stock exchange that combines up-to-date trading electronic technologies, high liquidity provided by market-makers institution, telephone broker support and modern trading technologies provided by the "RTS Settlement Chamber".