RTS now provides CCP trading in Sberbank ordinary shares on the non-anonymous market based on:
* Non-anonymous indirect orders with settlement on T+4;
* Direct orders with settlement on Т+1, Т+2, Т+3, Т+4.
Trades in Sberbank ordinary shares 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.
The above-mentioned trades can be executed by Members of Order-Driven Trading.
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. -- www.rts.ru
Comment and add to the story without registration, but keep the comments meaningful please. Links are not accepted.
