MICEX-RTS Presents May Holiday Schedule
OREANDA-NEWS. During the 2012 May holiday MICEX-RTS Group operates in accordance with the following schedule, reported the press-centre of MICEX-RTS:
April 29, 30 and May 1, 9 - public holidays.
April 28 and May 5, 12 - business days.
Monday, May 7, 2012 and Tuesday, May 8, 2012 are business days according to a decision of the MICEX-RTS Board of Directors.
Please pay your attention to the trading, clearing and settlement procedures effective on the MICEX-RTS markets during the holiday period:
Securities market
On April 28 and May 5,7,8,12 trading in the sectors Main Market, Standard and Classica will be carried out according to a regular schedule including evening trading session in the Standard sector.
Deposit and credit operations and repo transactions
On May 7, 8 deposit and credit operations and repo transactions with the Bank of Russia will not be performed.
To recalculate parameters of current repo transactions with the Bank of Russia on May 7, 8, settlement prices applied on May 5 should be used.
Repo transactions without involvement of the Bank of Russia will be performed on May 7, 8 as usual.
Derivatives market
On April 28 and May 5,7, 8,12 trading on the FORTS and MICEX Derivatives markets will be carried out according to a regular schedule including evening trading session on the FORTS market.
Currency market
On April 28 and May 5, 12 trading on the FX market will be carried out according to a regular schedule.
On May 7,8 the FX market is closed.
Commodities market (spot and deliverable futures contracts)
On May 7, 8 the market is closed.
We draw your attention to possible restrictions in functioning of the Bank of Russia's payment system during the holidays. Please take this into account when planning operations on the MICEX-RTS markets.
For further information, please contact the Public Relations Department at (495) 363-3232.
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