Russian Trading System Order-Driven Market: November Data

For the month of November, 2002, the Order-driven market total trading volume rose 25% and reached 7 955 million rubles with 800 million shares changing hands (in October these figures equaled 6 367 million and 816 million shares, accordingly). Daily trading volume increased 43.7% to 398 million rubles, or 40 million shares (a 12.7% increase over October's daily trading volume of 35 million shares).

In November shares traded on the Order-driven market 28 714 times, 17% more than in October.

Directly-addressed trades total volume accounted for 744 million rubles compared with 419 million rubles in October. 153 directly-addressed trades were executed in November (124 - in October).

On November 18, 2002, the total trading volume on the Order-driven market reached the record 610 million rubles and 2 156 trades surpassing the previous November 14th, 2002, record of 439 million rubles and 1 573 trades.

Currently 131 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.