OREANDA-NEWS. On 1 March 2007, the Federal Financial Markets Service (FSFR) registered the new rules of trading on ZAO MICEX, ZAO MICEX Stock Exchange, ZAO SICEX (Siberian Interbank Currency Exchange), ОАО RTS Stock Exchange and NP Saint-Petersburg Stock Exchange, according to which the trading shall close at 6.00pm MSK, the FSFR announced. At a 9 March meeting, ZAO MICEX’s Board approved the introduction of the new redrafted Rules of clearing on the securities market from 26 March 2007. This version of the rules was endorsed by the Board of Directors of ZAO MICEX in December 2006 and complied with the FSFR’s requirement to close the stock market trading at 6.00pm MSK.

 
According to the decision of OAO RTS’s Board of Directors, the trading on all the markets of OAO RTS will close at 6:00pm MSK from 26 March 2007. The pre-trading period on the RTS stock exchange in the Regime of trading with the preliminary deposit of securities and cash assets and electronic trading regime will last from 10.15am till 10.30am MSK. The beginning of trading on the spot market and the RTS’s derivatives section remained the same, 10:30am MSK. The new version of the Rules of Trading on the RTS has been drawn under Para. 1 of Decree of the FSFR of Russia from 02.11.2006 № 06-126. "Changes to the regulations for trading on the securities market approved by Decree of the FSFR of Russia from 22.06.2006 № 06-68". It was registered by the FSFR of Russia on 1 March 2007.