Trading in Securities of JSC "IDGC of Center and Volga Region" Started
OREANDA-NEWS. On 08 April 2008 was announced, that the following securities admitted to trading without listing procedure will start to be traded on OJSC "RTS":
Ordinary registered shares of JSC "IDGC of Center and Volga region" (Classic Market ticker – MRKP, T+0 Market ticker – MRKPG).
The Executive body of the Exchange set for the above-mentioned securities the following starting price and price limits for orders:
For MRKPG – 0,33 RUR (price limits +/- 35%);
For MRKP – Starting price is calculated in US dollars at the Central Bank exchange rate as of April 7th, 2008 on the basis of the starting price set for MRKPG (price limits +/- 35%).
The RTS Classic market is the oldest organized stock market in Russia – started its work on July 5th 1995. The prices that are being formed on the Classic market are a well-acknowledged guideline for the investors who make deals with Russian shares and depositary receipts for them. Information on trading on RTS is transmitted to a large number of clients in Russia and abroad and is a basis for calculating the main benchmark of the Russian stock market – RTS Index.
Trading on securities on T+0 market of OJSC RTS is held on the basis of anonymous trading of Order-Driven Market via technology "Delivery Versus Payment" with 100% depositing of assets.
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