OREANDA-NEWS. May 11, 2011. On May 6, 2011 the Federal Financial Markets Service order No 10-78/pz-n "On approval of Regulation on Organization of Trade on the Securities Market" as of December 28, 2010, which provided changes to the rules of the registration of non-residents clients, took effect.

New rules for non-residents is a substantial step forward in meeting the needs of foreign investors, as this allows the assignment of an individual participant’s code to each client who is a non-resident.  Assigning codes will allow non-residents registered with same participant to trade with each other as well simplifying the Participant’s accounting procedures for such clients.

"Implementing these rules will make non-resident clients servicing much more straightforward on the Russian stock market. The RTS technical platform was prepared in advance to register non-resident clients in accordance with the new rules", said Sergey Zamolotskikh, member of OJSC RTS Executive board.