RTS Reports Record Daily Turnover On The Order-Driven Market

On November 18th, 2002, the daily total turnover on the RTS Stock Exchange order-driven market reached an all-time record of 610 million rubles exceeding the previous value of 439 million as of November 14th.

Shares traded 2 156 times, an increase over the last daily record of 1 573 trades.

Currently 132 companies - professional market participants- trade on the Order-driven market.

The Order-driven market is the unified RTS and St. Petersburg Stock 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 Stock 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.