Russian Trading System Reports Record Daily Turnover On The Order-Driven Market

On November 14th 2002 daily total turnover on the RTS Stock Exchange order-driven market reached an all-time high of 439 million rubles topping the previous record set on October 30th with 424 million rubles.

Shares traded 1 573 times on that day.

Currently 132 companies - professional market participants- trade on the Order-driven market.

The Order-driven market is the unified RTS and St. Petersburg Stock Exchange marketplace where corporate stocks are traded. Market participants can submit directly- or arbitrarily addressed quotes. Trading is being performed on St. Petersburg Stock 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.