OREANDA-NEWS. May 06, 2011. On May 6, 2011 the order No 10-78/pz-n "On approval of Regulation on Organization of Trade on the Securities Market" as of December 28, 2010 issued by the Federal Financial Markets Service and provided changes to the rules on admitting non-residents to trading took effect.

New rules for non-residents is a substantial step forward in meeting needs of foreign investors, due to allowing assignment of an individual participant’s code to each client who is non-resident.  Assigning codes will allow non-residents registered with same participant to trade with each other as well as this will simplify Participant’s accounting procedures for such clients.

"The implementing rules will make non-resident clients servicing much more convenient on the Russian stock market. The RTS technical platform was prepared beforehand to the registration of non-residents clients in accordance with the new rules", said Sergey Zamolotskikh, member of OJSC RTS Executive board.