RTS Global, a new project of the "Russian Trading System" Stock Exchange, is a unique initiative for Russia that allows trading in securities from overseas issuers including CIS issuers.
Foreign securities can trade on the Russian OTC market as of today.
At the project’s launch stage the following foreign securities were included into the RTS Global system:
- most liquid depositary receipts representing stocks from Russian issuers on international exchanges and depositary receipts issued by foreign companies, whose assets (business) are concentrated in RF,
- securities from Kazakhstan issuers,
- securities from Ukrainian issuers,
- securities from other CIS and non-CIS issuers (Turkmenistan, Canada),
- stocks of foreign funds investing in CIS economies.
RTS Global facilitates all RTS trading members and RTS Board clients accessing foreign securities.
Within the framework of the RTS Global project professional participants are offered convenient schemes for settlement of trades in foreign securities via the Depository Clearing Company (DCC), settlement depository of the "Russian Trading System" Stock Exchange.
In accordance with the law "On Currency Regulation and Currency Control" currency operations with external (foreign) securities between residents are not allowed unless such securities are deposited in a Russian depository.
Currently DCC has access to several overseas depositories:
- Euroclear Bank S.A./N.V;
- Clearstream Banking S.A. Luxembourg (via JSC VTB Bank);
- Central Securities Depository (Republic of Kazakhstan);
- Republican Unitary Entity Republican Central Securities Depository (Republic of Belarus);
- The National Depository of Ukraine.
Euroclear and Clearstream are the world’s major international depository clearing companies where all Eurobonds, most ADR and GDR, popular stocks of issuers from all over the world are deposited.
Out of the securities admitted to RTS Global ADRs, GDRs and stocks of overseas issuers can be deposited in DCC using the accounts opened with Euroclear and Clearstream.
Stocks from Kazakhstan issuers can be deposited in DCC via the account opened by DCC with the Central Depository of Kazakhstan.
The time required for transferring foreign securities from overseas depositories to the DCC accounts is kept to a minimum. Almost all the depositories where DCC has corresponding accounts perform such transfer in the real time mode. Therefore, if the transfer order is submitted to DCC and the correspondent depository where the securities to be transferred are kept on the day T, then, depending on the submission time (if both transfer orders are duly compiled), the transfer to the depositor’s account will be performed on the day T or T+1.
Contact information:
"Russian Trading System" Stock Exchange
| Head of Strategic Development |
| Maxim Volkov |
| Head of Listing Department |
| Oksana Derisheva |
| Head of Communications Department |
| Tatiana Zhelezko |
| Head of Sales & Marketing Department |
| Natalia Slobodchikova |
| Head of Market Data Department |
| Sergey Golovanev |
Depository Clearing Company
| Head of Client Support |
Sergey Aristov Tel. +7 (495) 956-0999, 411-8338 |