Number Of Trades On RTS Standard Exceeds 23.5 Thousand

On July 13, 2009 a record number of trades was registered on RTS Standard, a new RTS equity market.

By the end of the main trading session market participants transacted 23 608 trades.

The previous record was registered on July 10, 2009, with RTS Standard members entering into 18 658 trades.

RTS Standard sets a totally new standard for equity trading in Russia. It will facilitate building up the liquidity of the Russian securities market, curb counterparties’ risks and boost development of the infrastructure. It aims to attract substantial international investor interest into the local equity market due to the applied global standards of trading.

RTS Standard offers CCP trading in anonymous order book without full advance depositing of assets and with settlement on T+4. The market hours are from 10.30 am to 11.50 pm MSK. The range of instruments includes top 20 liquid stocks of Russian issuers. RTS Standard also offers portfolio margining with trades made on FORTS, RTS’s derivatives section, which makes trading in all the instruments possible using a single, consolidated cash position.