Rosneft Securities Eligible for Settlement via Speedy Scheme
OREANDA-NEWS. February 3, 2009. With effect from February 02, 2009 securities of Open Joint-Stock Company Rosneft Oil Company have been added to the list of securities eligible for settlement via DCC-Citibank and DCC-ING Bank interdepository cooperation.
Rosneft securities are among the ones most actively traded in the Russian securities market, they are quoted in the London Stock Exchange and on Russian trading platforms of RTS and MICEX. Roftneft securities have been added to the list of securities eligible for settlement via the DCC-Citibank and DCC-ING Bank “Bridges” upon multiple requests of DCC Participants. Trades with Rosneft securities will be settled via DCC Enhanced Speedy Settlement Scheme, which will cut Participants' expenses and optimize the time needed for securities transfers to settle trades between clients of DCC, Citibank and ING Bank.
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