On April 9, 2007 the Classic and T+0 market of OJSC RTS started trading on the following securities, which are included into the list of securities that are admitted to trading but not included into any quotation lists.
- Capital M common shares, Classic market ticker – KAPM, T+0 market – KAPMG.
By the decision of the Exchange executive body the following Start prices are fixed on the first day of trading securities and price bands for applications:
For KAPMG – 1 ruble (price band +/- 50 %);
For KAPMG –Start price is calculated in US dollars at the rate of Central Bank as of April 9, 2007 basing on the Start price fixed for KAPMG (price band +/- 50%).
The Classic market of NP RTS is the oldest organized stock market in Russia – started its work on July 5th 1995. The prices that are being formed on the Classic market of NP RTS are a well-acknowledged guideline for the investors who make deals with Russian shares and depositary receipts for them. Information on trading on NP RTS is transmitted to a large number of clients in Russia and abroad and is a basis for calculating the main benchmark of the Russian stock market – RTS Index. Trading on securities on T+0 market of OJSC RTS is held on the basis of anonymous trading of Order-Driven Market via technology “Delivery Versus Payment” with 100% depositing of assets. You can find additional information about T+0 market of OJSC RTS here