Any legal entity may become a member of RTS Money and render their services to clients including individual investors:
- Professional participants of the securities market irrespective of whether they already trade on RTS markets or not;
- Companies who do not hold a license of a professional securities market participant but need to make foreign currency payments in their day-to-day operations;
- Foreign firms trading in rubles on the Russian securities market
To become a member of RTS Money you need to:
- Sign a Clearing Services Agreement with RTS Clearing Center and make a contribution to the Contingency Fund;
- Sign a General Agreement on execution of conversion trades with RTS Settlement Chamber;
- Open a ruble delivery account and a foreign currency delivery account in RTS Settlement Chamber;
- Establish a technical connection to enable submission of orders.
If you are a member of FORTS and RTS Standard, you will only need to sign the General Agreement with the RTS Settlement Chamber and open delivery accounts.
RTS Money Members may service clients by executing trades in their name at the client’s expense. These trades can be settled using:
- Proprietary accounts of RTS Money Members opened in RTS Settlement Chamber;
- Clients’ accounts set up at RTS Settlement Chamber (available only for clients who are a legal entity).
