After December 31th, 2002, the connection fee will equal 150 US dollars, down from 300 US dollars. Monthly RTS gateway service charge was lowered from 150 USD to 100 USD.
The Order-driven market is a unified marketplace facilitating trades in corporate securities; market participants can directly address quotes to a potential counterpart, or submit quotes with no particular addressee in mind.
The St. Petersburg Stock Exchange, the biggest exchange trading "Gazprom" stock, serves as the marketplace for the Order-driven market. Clearing is performed by the RTS Stock Exchange; settlement - by the RTS Settlement Chamber. The electronic trading system can be accessed via the RTS Plaza Workstation or through one of the Internet trading systems gateways. Private investors can trade "Gazprom" on the Order-driven market by becoming the clients of any licensed professional market participant.
