UBS Securities CJSC Has Become a Market Maker for RTM OAO
OREANDA-NEWS. Starting from October 22, 2007 the functions of a market maker for RTM OAO ordinary shares (RTMC) are performed by UBS Securities CJSC.
The duties of UBS Securities CJSC include support of two-side quotes of RTM OAO ordinary shares (RTMC) on the Classic market with the volume no less than 25 000 USD and spread no more than 2%. The duration of support of two-side quote is not to exceed 70% of the total time of the trading session.
The list of securities, which market makers are working with, along with the parameters of supporting the quotes is published on the RTS website.
The Classic market of RTS 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 of RTS are a well-acknowledged guideline for the investors who make deals with Russian shares and depositary receipts for them. Information on trading on NP 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.
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