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RTS: Clearing And Transaction Fees For Futures Contract On US Dollar Approved

Date 06/12/2002

On its December 03, 2002, meeting the RTS Board of Directors has approved clearing, execution and other fees related to the futures contract on the US dollar.

It was decided to charge the trade registration fee of 0.5 rubles per side (including VAT) for one contract.

No registration fee will be charged for trades (except for the OTC trades) leading to the opening (closing) of previously closed (opened) position of a clearing member firm within this trading session. Transaction fee was set equal to 1 ruble per each open position.