RTS Stock Exchange Order-Driven Market Posts New Record

On March 7th, 2003, the RTS Order-driven market posted a new record of 1 billion 44 million rubles, a 36,6% increase over the previous, March 5th, 2003, record of 764 million. 1 657 trades were executed.

Currently 143 professional market participants trade on the RTS 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.