RTS Stock Exchzange: Order-Driven Market Sets New Record

On the 23rd of April, 2004, the joint RTS Stock Exchange and St. Petersburg Stock Exchange Order-Driven market posted the new all-time record volume, exceeding 6,5 billion rubles. 2 900 transactions were executed, with 111,8 million shares changing hands.

The previous record was registered on February 13th, 2004, at 6,1 billion rubles.

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.