Liberalization of "Gazprom" market allowed market participants to trade this security on the RTS. Investors now have an ability to settle "Gazprom" transactions in US dollars using "delivery versus payment" system.
Joint-stock company "Gazprom" is the most highly capitalized company on the Russian securities market. In 2005 its capitalization grew 2,5 times and reached 162 billion US dollars (as of December 30th, 2005). The benchmark of the Russian securities market - RTS Index – rose in 2005 by 83%. "Gazprom" is the most liquid Russian "blue chip" stock: in 2005 the total trading volume in this security increased by 34% and reached 773 billion rubles. The number of trades in "Gazprom" grew by 12% and equaled 674 thousands.
RTS Group facilitates trading in "Gazprom" stock on its T+O and Classic Markets.
| ¹ | Íàèìåíîâàíèå | T+O Market | Classic Market |
|---|---|---|---|
| 1 | Trading Model | Order-driven | Quote-driven |
| 2 | Deposition of Assets | 100% | - |
| 3 | Settlement Date | T +0 | T +4 |
| 4 | Settlement Currency | RUR | USD or RUR |
| 5 | Trading platform | Not-for-profit partnership "St.Petersburg Stock Exchange" | Not-for-profit partnership "RTS Stock Exchange" |
A foreign entity or person can trade "Gazprom" shares through a professional (registered) participant of the Russian securities market.
T+O Market Participants
Classic Market Participants
Joint-stock company "Gazprom" website
