Securities of Victory Asset Management Start Trading on RTS
OREANDA-NEWS. November 2, 2011. As of November 2, 2011 the following securities will start trading on RTS within the list section "Unlisted securities admitted to trading":
fund units of closed-end rent mutual fund "Fourth Land" managed by Victory Asset Management JSC, RTS Classica ticker – VICMCZ, RTS T+0 Market ticker – VICMCZG;
The following starting prices for the first trading day and price limits for orders were set:
For VICMCZG – 600 rubles (price limits +/- 30%);
For VICMCZ the starting price is calculated in USD at the Central Bank exchange rate as of November 2, 2011, based on the starting price established for VICMCZG (price limits +/- 30%).
RTS Classica is the oldest organized stock market in
Trading on the RTS T+0 Market is held on the basis of anonymous trading of Order-Driven Market using a "Delivery Versus Payment" technology with 100% advance depositing of assets.
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