Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

RTS Stock Exchange: Real-Time Money Transfer During Trading Session Now Possible

Date 17/06/2003

On June 11, 2003, the RTS Clearing Center and RTS Settlement Chamber introduced the new technology that supports real-time money withdrawal from Settlement Chamber accounts during trading.

New settlement technology allows timely fund transfer between the derivatives and spot markets; reallocate money between different spot market accounts, and settle accounts in the Chamber following 'delivery versus payment' transactions without preliminary deposition of assets.