RTS Stock Market Order-Driven Market

For the week of March 1st - March 5th, 2004, the total trading volume of direct and indirect transactions (including REPO transactions) reached 16 697 million rubles, a 23% increase. Internet trading accounted for 27% of the total trading volume. 15 668 transactions were executed, 26% more than the week before.

Currently 173 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.