RTS Stock Exchange Order-Driven Market: March 2004 Market Data

For the period of March 1st - March 31st, 2004, total trading volume of direct and indirect transactions (including REPO transactions) increased by 4% and reached 57 billion rubles. Internet trading accounted for 31% of total trading volume in rubles, slightly up from 1% in February. 59 842 transactions were executed.

Currently 176 companies - professional market participants - trade on the Order-driven market.

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.