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05.04.2012 19:25

MICEX-RTS Finance Forum ended

The MICEX-RTS Finance Forum 2012 was held at The Ritz-Carlton Moscow on April 5, 2012. Professional market participants, government officials, leading Russian and international investment companies and banks and representatives of the business community took part in the Forum.

The Forum consisted of working sessions with market participants where applied issues were discussed. The Forum offered a wide range of topics for discussion including Central depository, IT technologies and infrastructure, exchange-traded instruments as business management tools that allowed to both focusing on a certain theme and participating in various sessions.

Main subject of the Forum was the presentation of the T+3 project, the settlement system with partial advanced depositing of assets that is scheduled to be implemented on the MICEX-RTS Main market sector of the Securities market in 2012.   Making the project presentation, Roman Goryunov, MICEX-RTS Senior Managing Director, said: "T+3 is a revolution for the Russian financial market, especially for the stock market.  And it is not only the project of the Exchange, but also of market participants and market regulators".

In addition, within the framework of the Forum, an Agreement on cooperation in developing the Innovation and Investment Market and attracting investments for innovation companies was signed between MICEX-RTS and the Department for science, industrial policy and entrepreneurship of the Moscow city Government.

"I am delighted to see that the MICEX-RTS Forum has gathered together both market participants and issuers and representatives of government bodies and investment community. I believe that we have managed to reach our goal and made the Forum applied as much as possible by being the place for effective discussion of new ideas and existing questions. The Forum was held in the spirit of stimulating and constructive dialog", said Ruben Aganbegyan, President of MICEX-RTS.        

For further information, please contact the Public Relations Department at (495) 363-3232.

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