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According to the FSFM Regulation №06-67 since January, 24th 2007, all the brokers, dealers, asset managers, investment stock funds, and investment/pension fund management companies have to report to a sock exchange every purchase-and-sale trade with securities (excluding repo trades), executed off the organized markets, if the securities are included into a quotation list of at lease one stock exchange.
Till July, 1st 2007 an OTC trade report has to be submitted to any exchange not later than 18:00 local time on the day T+1. Since July, 1st 2007 an OTC trade has to be reported in 15 minutes.
OTC trade reporting is not obligatory if the securities being bought/sold are:
- not listed at any stock exchange, registered in Russian federation.
- admitted to trading at a stock exchange without including into a quotation list.
The information about OTC trades reported to RTS is disclosed as required by the FSFM Regulation №06-68.