RTS Money service to be ceased

Due to the transfer of clearing on the FORTS Derivatives Market and the Standard sector , RTS Clearing Centre (CJSC) stops clearing RTS Money transactions in foreign currency.

Therefore, November 29, 2012 is the last day when transactions can be conducted in RTS Money system in its standard mode.

On November 30, 2012 only settlements on transactions that were executed on November 29, 2012 will be performed.

As an alternative to the RTS Money service, the Moscow Exchange is going to provide the FORTS Derivatives Market and Standard market sector participants with the opportunity to submit orders and execute transactions in foreign currency on the Exchange's FX Market using the trading and clearing system of the Derivatives Market that will allow setting unified collateral requirements as to the trading participants' positions on the Derivatives market, FX market and in the Standard sector of the Securities market.

"The possibility to execute conversion operations and currency swap transactions through the Derivatives Market trading and clearing platform and within the same clearing system will open new ways of doing business for the participants of the Moscow Exchange Derivatives market and their clients and it will be the step forward in developing the Exchange's FX Market and the Group's post-trading services," says Igor Marich, Managing Director of Money Market.

In his turn, Roman Sulzhik, Managing Director of Derivatives Market, stresses that implementing the unified collateral requirements on the Derivatives market, the FX market and the Standard sector will offer more advantages to the trading participants and will considerably reduce their funding costs.

For further information, please contact the Public Relations Department at (495) 363-3232.