OREANDA-NEWS. December 16, 2011. Due to the integration of the stock markets of RTS and MICEX, on December 16, 2011 at 7.10 pm the section "Standard" of the securities market will be opened in CJSC MICEX Stock Exchange. We draw your attention to the fact that the evening trading session on 16 December refers to the trading day of 19 December. In this regard:

Starting from the evening session on December 16, 2011 CJSC MICEX Stock Exchange will act as the organizer of trading on "Standard" section of the securities market.

New version of the Trading Rules of CJSC MICEX Stock Exchange will come into force from the start of trading on December 19, 2011 (in fact from 7.10 pm on December 16, 2011).

As of 16 December a new version of the tariffs of CJSC MICEX SE with regard to the commission for the section "Standard" takes effect.

On December 19, 2011 the section "Classica" (for direct trades only) of the securities market will start to function in addition to the current trading modes. All previous trading modes of the MICEX SE will remain unchanged and be integrated in the section "Main market".  This means that from 19 December  trading on the securities market of MICEX-RTS Group will be held by three sections:

Main market that will combine all previous trading modes of the MICEX equities & bonds market.

Standard that is an unchanged version of the RTS Standard market

Classica that is an analogues of the RTS Classica market.

In addition, starting from December 19, 2011 a new version of CJSC MICEX SE tariffs with regard to a reduced minimum amount of the fee for trades with securities excluding REPO trades of the section "Main market" will take effect (see references below).

From December 19, 2011 a total minimum amount of the fee for trades with securities (excluding REPO trades) effective for all trading modes of the section "Main market" of the MICEX-RTS Group securities market will amount to RUB0.03 per trade including VAT for each of the trade sides.

References

As per the resolution of the Board of Directors of CJSC MICEX Stock Exchange as of November 25, 2011 (minutes No10), the minimum amount of the fee of CJSC MICEX Stock Exchange for trades with securities amounts to RUB0.01 per trade charged to each side.

As per the resolution of the Board of Directors of CJSC MICEX as of November 23, 2011 (minutes No15) the minimum amount of the fee paid for providing Integrated Technological Services by CJSC MICEX  amounts to RUB0.01 per trade charged to each trade side.

As per the decision of the Supervisory Board of CJSC JSCB National Clearing Centre as of November 17, 2011 (minutes No8) the minimum amount of the fee for clearing services amounts to RUB0.01 per trade charged to each trade side.