OREANDA-NEWS  On 29 September was announced, that as of September 25th, 2008 together with the current standard T+4 settlement, RTS will provide Т+1, Т+2 and Т+3 settlement for negotiated (direct, non-anonymous) trades concluded with the CCP on the RTS stock market.

Negotiated trades given up to the CCP are subject to consolidation into a single net position with trades executed in the Order-Driven segment of the RTS Classic Market representing a participant’s obligations on the settlement date. This enables the participants to regulate the obligation due on the settlement date, both in cash assets and securities, and to efficiently manage their liquidity requirements in addition to significantly reducing the funding cost.

CCP trading in the stocks of the following blue chip companies: Gazprom, OJSC "MMC "NORILSK NICKEL", ОАО "LUKOIL", OJSC "OC "Rosneft", MTS OJSC, Surgutneftegas and O.J.S.C. "Uralsvyazinform" is available both in anonymous, order-book trading with settlement on T+4 and the non-anonymous negotiated market with settlement on Т+1, Т+2, Т+3, Т+4.

RTS is the first exchange in Russia to offer netting for trades executed without full preliminary asset deposition. RTS is heavily involved in development of trading technologies creating a favourable environment for growth of transactions’ profitability and effectiveness. In September 2007 RTS implemented the CCP technology, which is widely used by the leading international exchanges on equity and derivatives markets. RTS trading data is disseminated to a large number of Russian and global clients and is the basis for calculation of the RTS Index, the main benchmark of the Russian equity market.

For further information, please contact the RTS Public Relations Department at +7(495)705-9031, 500-3840.