On July 24, 2009 a delegation from JPMorgan Chase Bank (USA) presented their 2008 Quality Recognition Award in US Dollar Clearing to RTS Settlement Chamber.
Quality Recognition Award for US Dollar clearing for MT103 (Retail/ Corporate Customer Transfers) Straight Through Processing (99%+) is a prestigious award given to best correspondent banks to honour their outstanding STP performance.
As pointed out at the award ceremony, RTS Settlement Chamber had managed to achieve an exceptional 99% STP rate in 2008, which distinguishes RTS Settlement Chamber as a technologically advanced provider of truly reliable settlement services.
Currently RTS Settlement Chamber provides services to RTS Group customers settling trades executed on FORTS, RTS’s derivatives section, RTS Stock Market, RTS Board, a system of indicative quotations, as well as on RTS Money, RTS’s currency market. Its client base includes over 540 major financial companies and banks. With a charter capital of 30 million roubles RTS Settlement Chamber has accumulated a Settlement Capital of 1.2 billion roubles.
