OREANDA-NEWS. January 22, 2008. A new version of “Electronic Agreement Centre” (EAC) software (3.2) has been put into operation, which allows to exchange all electronic documents and conclude contracts of any format. Such a document can be sent in the form of a text message or an enclosed file. Moreover, the document can be signed by a counterparty.

The given innovation will allow to use EAC effectively for:

- non-standard purchase and sale contracts;
- OTC REPO settlement of trades on bonds and securities, also on the basis of RTS REPO agreement;
- OTC futures trades;
- Delivery futures contracts on Commodity market (gas oil, sugar, etc.);
- Commodity purchase and sale contracts;

Sending of different notifications and letters to counterparties. For document interchange of a free format a sender as well as a receiver should install 3.2 version of EAC Client software.

RTS EAC is a system, automating electronic document interchange. RTS EAC is one of the components of the system of trade settlements on RTS. The users of this system can be not only professional securities market participants, including managing companies, but also any other organizations.

In 2007, there were concluded more than 135 000 contracts in the Electronic Agreement Centre with total amount of 46 bln US dollars.