RTS Stock Exchange Order-Driven Market: November Market Data

For the period of November 1st - November 30th, 2003, total trading volume of direct and indirect transactions (including REPO transactions) equaled 22 529 million rubles, compared with 38 864 million in October. Internet trading accounted for 33% of total trading volume in rubles, down from 36% in October. 26 077 transactions were executed, compared with 48 739 transactions in October.

Currently 171 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