RTS Stock Exchange Order-Driven Market: Quarter III Market Data

In the third quarter of 2003 total trading volume of indirect, direct and REPO transactions on the Order-driven market equaled 80,2 million rubles, down from 117,5 million rubles in the previous quarter. 89 886 trades were executed.

Currently 169 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.