OREANDA-NEWS. December 2, 2011. Due to upcoming merger between MICEX Group and RTS Group, the scheme for settlement of trades executed within the RTS Money service is to be changed. It implies that RTS Money trades will be settled using bank accounts opened in National Settlement Depository.  Since the new settlement scheme is in effect, the accounts opened in RTS Settlement Chamber will be disabled.

The move is scheduled on December 27, 2011. Participants will be informed of the exact day later. 

Submitting applications for opening accounts for settlement of RTS Money trades to National Settlement Depository is already available. For further information on accounts opening procedures, please contact NSD Client Services Department by phone +7 (495) 956-27-90/91/92/93.

Those RTS Money members who have opened settlement accounts in NSD, should inform RTS Clearing Center of these accounts as usual.