RTS Expands Share Quotations on RTS Standard

Strategic Insights -

Russia's trading system, RTS, is expanding the list of shares traded in RTS Standard deals with new quotations for 11 companies, including Aeroflot, Inter RAO UES, and Gazprom Neft, as of December 6. This move aims to provide investors with a broader range of options, increasing liquidity and trading activity on the market. The expansion brings the total number of shares traded on the RTS Standard from 23 to 34 quotations.

Key Takeaways:

  • 11 new companies, including Aeroflot, Inter RAO UES, and Gazprom Neft, have been added to the RTS Standard with new quotations.
  • The expansion brings the total number of shares traded on the RTS Standard from 23 to 34 quotations.
  • Limits will be placed on new shares for providing unaddressed applications and carrying out transactions in exchange trading using T+0 calculations.
  • Transactions based on addressed applications and REPO deals during exchange trading with T+O calculation will be carried out without any changes.
  • RTS Standard transactions with partial provisional support, central counter-agents, and T+4 calculations were launched in April 2009.
  • Total trading on the market came to over $10 billion in November 2010.
  • The RTS aims to provide investors with a broader range of options, increasing liquidity and trading activity on the market.

Statistics:

  • 11 new companies have been added to the RTS Standard.
  • The total number of shares traded on the RTS Standard has expanded from 23 to 34 quotations.
  • The new companies added are: Aeroflot (RTS: AFLT), Inter RAO UES (RTS: IRAO), IDGC Holding, Mosenergo (RTS: MSNG), Novorossiisk Commercial Seaport (RTS: NMTP), OGK-1 (RTS: OGKA), OGK-2 (RTS: OGKB), OGK-3 (RTS: OGKC), Raspadskaya (RTS: RASP), Gazprom Neft (RTS: SIBN) and TGK-1 (RTS: TGKA).
  • Total trading on the market came to over $10 billion in November 2010.
  • RTS launched RTS Standard transactions with partial provisional support, central counter-agents, and T+4 calculations in April 2009.

Sources:

  • December 6 (Interfax)
  • eng.editors@interfax.ru