RusHydro Shares Included in Settlement on Moscow Exchange
OREANDA-NEWS. JSC RusHydro announces that the Company’s shares (state registration number 1-01-55038-E of February 22, 2005) will be included in the introduction of a T+2 market with partial collateral and deferred settlement of trades on the Moscow Exchange from March 25, 2013.
The deferred settlement of trades is an internationally accepted standard applied in foreign trading venues. According to the Moscow Exchange moving to T+2 will make Russian assets more accessible to foreign investors, which is very important for increasing liquidity on the Russian market and help the investors to achieve operational cost savings and risk reduction.
RusHydro shares will be included in T+2 settlement at the first stage of this trading system implementation as one of the most liquid securities traded on the Moscow Exchange.
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