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May 10, 2008
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Trading Instruments

Trading on unified trading session (MICEX UTS) is effected for Russian roubles in US dollars, Euro, Ukrainian hryvnas, Kazakh tenges and Byelorussian roubles.

Trading is effected in the following instruments:

1. In US dollars
Instrument NameMinimal Lot in lot currency unitsLot currency unit quoteTrading time frames
USD/RUB_UTS_TOD 1 000 USD 1 10:00 - 14:00*
USD/RUB_UTS_TOM 1 000 USD 1 10:00 - 17:00
* Hereinafter GMT+3

The following swap deals in US dollars may be concluded:

Instrument NameMinimal Lot in lot currency unitsTrading time frames
SWAP_USD/RUB_UTS__TOD_TOM 100 000 USD 10:00 - 13:30

2. In Euro
Instrument NameMinimal Lot in lot currency unitsLot currency unit quoteTrading time frames
EUR/RUB_UTS_TOD 1 000 EUR 1 10:00 √ 11:30
EUR/RUB_UTS_TOM 1 000 EUR 1 10:00 √ 17:00

The following swap deals in Euro may be concluded:

Instrument NameMinimal Lot in lot currency unitsTrading time frames
SWAP_EUR/RUB_UTS_TOD_TOM 100 000 EUR 10:00 √ 11:30

3. In Ukrainian hryvnas
Instrument NameMinimal Lot in lot currency unitsLot currency unit quoteTrading time frames
UAH/RUB_UTS_TOM 1 000 UAH 1 10:30 - 16:30

4. In Byelorussian roubles
Instrument NameMinimal Lot in lot currency unitsLot currency unit quoteTrading time frames
BYR/RUB_ UTS_TOM 1 000 000 BYR 100 10:30 - 16:30

5. In Kazakh tenges
Instrument NameMinimal Lot in lot currency unitsLot currency unit quoteTrading time frames
KZT/RUB_ UTS_TOM 10 000 KZT 100 10:30 - 16:30

For USD/RUB_UTS_TOD and USD/RUB_UTS_TOM instruments a maximum deviation of a rate to be indicated by the trading participant in his order established in amount of 1,3% from the value of average weighted rate at the previous trading close.

For EUR/RUB_UTS_TOD and EUR/RUB_UTS_TOM instruments a maximum deviation of a rate to be indicated by the trading participant in his order established in amount of 2% from the value of average weighted rate at the previous trading close at which the average weighted rate was determined. In some cases the Administrator's managing body according to the Bank of Russia' written instructions might establish another deviation rate to be indicated by trading participant in his order.

For UAH/RUB_UTS_TOM, BYR/RUB_UTS_TOM и KZT/RUB_UTS_TOM instruments a maximum deviation of a rate to be indicated by the trading participant in his order established in amount of 15% from the value of average weighted rate at the previous trading close at which the average weighted rate was determined.

For operations in USD/RUB_UTS_TOD instrument UTS trading participants remit 1.8% of the funds out of planed operation volume in advance.

For operations in USD/RUB_UTS_TOM instrument UTS trading participants remit 2.7% of the funds out of planed operation volume in advance.

For operations in EUR/RUB_UTS_TOD instrument UTS trading participants remit 4% of the funds out of planed operation volume in advance.

For operations in EUR/RUB_UTS_TOM instrument UTS trading participants remit 6% of the funds out of planed operation volume in advance.

For operations in Ukrainian hryvnas, Byelorussian roubles and Kazakh tenges for Russian roubles Section▓s members provide money funds in currency and amount, which they plan to offer on UTS.

In the course of trading on UTS the participants may conclude off-system deals (SWITCH deals) indicating each other as counter parties of a deal. These deals are concluded within a net-operation limits and/or deposited funds based on two counter orders equal in volumes and rates.


 
Trading Instruments

 
«Moscow Interbank Currency Exchange»
Phone: +7 (095) 234-4811
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