• Trading in the Section is held electronically.
• Trading is held each working day from 10:40 till 19:00, Moscow time, simultaneously in all derivative instruments.
• Traders of Section Members participate in trading from their workplaces in the Section's trading floors or from remote workplaces.
• Traders' workplaces provide information about the course of trading, enable to form and feed orders, distribute limits between the main account, position accounts of Clients and bewteen the served Trading Members of the Section.
• Those orders participate in each trading session, which are submitted by Members of the Section within the time of the given trading session.
• A Member of the Section can withdraw or change any order he has submitted (provided this order has not yet been executed).
• Transactions are concluded in the course of trading when the terms of "buy" orders of Members of the Section match the terms of "sell" orders for derivative instruments:
  • in the mode of anonymous continuous auction on the basis of limited and market orders;
  • by mutual bilateral agreement between Members of the Section (out-of-the-system transactions). Positions, opened for such transactions, are processed in the regular order.
• Priorities in the execution of orders are the price and the time of submission of the order.

Trading procedure scheme