The Board of the MICEX Stock Exchange has decided to accept a number of organizations as participants in trading in the derivatives market of the MICEX SE. These organizations are professional participants in the securities market holding the license to carry out transactions in futures and options in the exchange-based market. Trading in the MICEX Index futures is scheduled to start in June, after the RF Federal Service for Financial Markets approves the appropriate normative documents.
Participants in trading in the derivatives market of the MICEX Stock Exchange are:
in the category General Clearing Participant:
- Absolut Bank, Moscow;
- GLOBEXBAN, Moscow;
- INVESTSBERBANK, Moscow.
In the category Individual Clearing Participant:
- OTKRITIE Broker House, Moscow;
- BrokerCreditService Company, Moscow;
- SOLID Investment and Financial Company, Moscow;
- ZERICH Capital Management, Moscow;
- ALOR +, Moscow;
- URB Finance, Moscow;
- ACCEPT-LTD, Togliatti;
- ADEKTA Broker Company, St. Petersburg;
- GAZINVEST Investment Company, Samara;
- RUSS-INVEST Investment Company, Moscow;
- ALOR INVEST, Moscow;
- OLMA Investment Group, Moscow;
- IKSI Investment Company, Novosibirsk.
The total number of participants in trading in the derivatives market of the MICEX SE is 16 organizations, including 3 credit institutions and 13 non-credit institutions.
The MICEX SE has established a concession period for organizations which submit their documents within the period of 9 April - 9 August 2007, during which they pay the affiliation fee of 1000 rubles. After the expiration of the concession period, all organizations applying for participation in trading in the derivatives market of the MICEX SE will be accepted in accordance with the usual procedure and pay the affiliation fee in accordance with the Rules of Admission to trading in the derivatives market of the MICEX SE.
Find more information on participating in trading in the derivatives market of the MICEX SE on the web page of the MICEX SE: http://www.micex.ru/stock_der/how.html.