OREANDA-NEWS. June 07, 2010. In the annual nationwide competition for the "Elite of the securities market 2009" RTS Standard – the cash equities market of RTS Stock was awarded "Best Project for the Securities Market Development".

Among the other nominees for this award there were MICEX for its Market for Innovations and Investments, and RTS for its Central Counterparty technology and the draft of law "On combating insider trading and market manipulation". RTS Standard won for introducing a totally new concept of equity trading in Russia combining the best global and local practice. The introduction achieved recognition among Russian investors with a daily turnover of more than RUB20 billion after just a year in operation and a constantly growing client base.

"RTS designed its new cash equities market to take into account the recommendations and needs of the market participants. We are so grateful for this recognition. For us it is one more sign saying that RTS Standard is a successful, sought-after product", - says Svetlana Rybina, Director of the Stock Market at RTS who is responsible for the RTS Standard project.

RTS Standard sets a totally new standard for equity trading in Russia. It will facilitate building up the liquidity of the Russian securities market, curb counterparties’ risks and boost development of the infrastructure. It aims to attract substantial international investor interest into the local equity market due to the applied global standards of trading.

RTS Standard offers CCP trading in anonymous order book without full advance depositing of assets and with settlement on T+4. The market hours are from 10.00 am to 11.50 pm MSK. The range of instruments includes top 22 liquid stocks of Russian issuers. RTS Standard also offers portfolio margining with trades made on FORTS, RTS’s derivatives section, which makes trading in all the instruments possible using a single, consolidated cash position.

"Elite of the Securities Market" is a contest held by NAUFOR since 2002 with the main goal of awarding the most prominent participants of the national securities market. Candidates are nominated by professional market participants based on the results of their business activities and for the quality of their services rendered in various sections of the securities market for the past year.