RTS Order-Driven Market Turnover Reaches Its All-Time Maximum

On February 12th, 2004, daily total turnover on the RTS Stock Exchange Order-driven market reached its all-time maximum of 6,1 billion rubles. The last record of 5 966 million rubles was set six months ago, on July 24, 2003.

On Thursday, "Gazprom" shares jumped 6.3 points and closed at 47,78 rubles, the all-time historic maximum.

4 526 direct transactions were registered on February 12th, 2004, with total volume of 4,6 billion rubles, and 127 indirect trades with total volume of 1,5 billion rubles.

The Order-driven market is the unified RTS and St. Petersburg St. Exchange marketplace where corporate stocks are traded. Market participants can submit directly addressed quotes, or quotes with no particular addressee in mind. Trading is being done via St. Petersburg St. Exchange, clearing - through the RTS Stock Exchange Clearinghouse, settlement - via the RTS Stock Exchange Settlement Chamber. The electronic trading system can be accessed via "Plaza Stocks" workstation or through the Internet-trading gateway. Private investors can trade on the Order-driven market by becoming clients of licensed brokerages/investment houses.