Optimization of Boards for Securities Market Instruments
From June 22, 2026, fund units of unit investment funds (UIFs) will be migrated to the equity boards, reducing the total number of boards for Russian and quasi-Russian securities from 30 to 15.
Trading in fund units will now be available in the Main Board T+ on the same boards as shares, including the ability to place Iceberg orders. Iceberg orders for fund units will function identically to those for shares. In addition, Iceberg orders will be enabled to participate in Discrete auctions.
The changes will not affect trading logic - they will only expand functionality for clients and simplify board administration.
The table below outlines the migration of instruments from UIF boards to equity boards. Boards listed in the "Board before" column will be deactivated. New fund units will be admitted to trading on equity boards.
| Board before | Board after |
|---|---|
| Equity & Bond Market T+ (FNDT) | |
| TQIF (T+ Investment funds) | TQBR (T+ Stocks, DRs, Funds RUB) |
| TQTF (Т+ ETF) | |
| TQFD (T+: Inv. funds USD) | TQTD (T+ Stocks, DRs, Funds USD) |
| TQFE (T+: Inv. funds EUR) | TQTE (T+ Stocks, DRs, Funds EUR) |
| TQBE (T+: FRGN stocks, DRs EUR) | |
| Negotiated deals with CCP (RPST) | |
| PTIF (Neg. deals with CCP: Investment funds) | PTEQ (NTM/CCP: Stocks,DRs,Funds RUB) |
| PTTF (Neg. deals with CCP: ETF) | |
| PTFD (NDM with CCP: Inv. funds USD) | PTTD (NTM/CCP: Stocks,DRs,Funds USD) |
| PTFE (NDM with CCP: Inv. funds EUR) | PTTE (NTM/CCP: Stocks,DRs,Funds EUR) |
| PTSE (NDM w/CCP: FRGN stck, DRs EUR) | |
| Negotiated deals and REPO (RPS) | |
| PSIF (Neg.deals: Investment funds) | PSEQ (NTM: Stocks, DRs, Funds RUB) |
| PSTF (Neg.deals: ETF) | |
| PSFD (Neg. deals: Inv. funds USD) | PSTD (NTM: Stocks, DRs, Funds USD) |
| PSFE (Neg. deals: Inv. funds EUR) | PSTE (NTM: Stocks, DRs, Funds EUR) |
| PSSE (Neg.deals: FRGN stocks EUR) | |
Please note that the names of trading boards on the Securities market will be changed (see the table below).
| Board | Name before | Name after |
|---|---|---|
| TQBR | T+ Shares and DRs | T+ Stocks, DRs, Funds RUB |
| TQTD | T+: ETF USD | T+ Stocks, DRs, Funds USD |
| TQTE | T+: ETF EUR | T+ Stocks, DRs, Funds EUR |
| TQTY | T+: Inv. funds CNY | T+ Stocks, DRs, Funds CNY |
| TQTH | T+: Inv. funds HKD | T+ Stocks, DRs, Funds HKD |
| PTEQ | Neg. deals with CCP: stocks, DRs | NTM/CCP: Stocks,DRs,Funds RUB |
| PTTD | Neg. deals with CCP: ETF USD | NTM/CCP: Stocks,DRs,Funds USD |
| PTSE | NDM w/CCP: FRGN stck, DRs EUR | NTM/CCP: Stocks,DRs,Funds EUR |
| PTTY | NDM with CCP: Inv. funds CNY | NTM/CCP: Stocks,DRs,Funds CNY |
| PTTH | NDM with CCP: Inv. funds HKD | NTM/CCP: Stocks,DRs,Funds HKD |
| PSEQ | Neg.deals: stocks, DRs | NTM: Stocks, DRs, Funds RUB |
| PSTD | Neg.deals: ETF USD | NTM: Stocks, DRs, Funds USD |
| PSTE | Neg.deals: ETF EUR | NTM: Stocks, DRs, Funds EUR |
| PSTY | Neg. deals: Inv. funds CNY | NTM: Stocks, DRs, Funds CNY |
| PSTH | Neg. deals: Inv. funds HKD | NTM: Stocks, DRs, Funds HKD |
| FQBR | T+: FRGN stocks, DRs | T+ FG Stocks, DRs, ETF RUB |
| TQBD | T+: FRGN stocks, DRs USD | T+ FG Stocks, DRs, ETF USD |
| FQBE | T+: FRGN stocks, DRs EUR | T+ FG Stocks, DRs, ETF EUR |
| FQBY | T+: FRGN stocks, DRs CNY | T+ FG Stocks, DRs, ETF CNY |
| FQBH | T+: FRGN stocks, DRs HKD | T+ FG Stocks, DRs, ETF HKD |
| FTEQ | NDM with CCP: FRGN stocks, DRs | NTM/CCP: FG Stks,DRs,ETF RUB |
| PTSD | NDM w/CCP: FRGN stck, DRs USD | NTM/CCP: FG Stks,DRs,ETF USD |
| FTSE | NDM w/CCP: FRGN stck, DRs EUR | NTM/CCP: FG Stks,DRs,ETF EUR |
| FTSY | NDM w/CCP: FRGN stck, DRs CNY | NTM/CCP: FG Stks,DRs,ETF CNY |
| FTSH | NDM w/CCP: FRGN stck, DRs HKD | NTM/CCP: FG Stks,DRs,ETF HKD |
| FSEQ | Neg.deals: FRGN stocks | NTM: FG Stocks, DRs, ETF RUB |
| PSSD | Neg.deals: FRGN stocks USD | NTM: FG Stocks, DRs, ETF USD |
| FSSE | Neg.deals: FRGN stocks EUR | NTM: FG Stocks, DRs, ETF EUR |
| FSSY | Neg.deals: FRGN stocks CNY | NTM: FG Stocks, DRs, ETF CNY |
| FSSH | Neg.deals: FRGN stocks HKD | NTM: FG Stocks, DRs, ETF HKD |