The techology of "T+N" trading allows market participants to trade stock without preliminary deposition of assets. When executing the trade, the parties state the price, the lot size and the date of settlement (T+N). The Clearing center controls the fulfillment of obligations by both seller and buyer at the day of settlement.
Trading in JCS "Gazprom" is orgnanized by non-profit partnership "St.Petersburg Stock Exchange". Clearing of transactions is performed by Russian Trading System, settlement – by "RTS Settlement Chamber". "Depositary and Settlement Company" serves as the settlement depositary.
