Client Registration and Service on MICEX Derivatives Market

Client Registration Procedure

For client registration Section Member should provide an instruction to open a client positional account in the form of an electronic document to MICEX. The form of this instruction and the procedure for its generation are determined by the Regulations of registration and opening positional accounts for MICEX Clearing Participants and Clearing Participants’ Clients on Derivatives Market. The instruction may be generated using a special program for generating and verifying documents containing information on the clients of MICEX Derivatives Market Section Members.

For questions regarding registering a client and opening a separate positional account, please call (495) 234–2481.

Using Internet Trading Broker Systems

Some Section Members provide their clients with the opportunity to receive on-line market information and send orders from their own computer via Internet using a Section Member’s Broker System connected to the System of Trading, Clearing and Settlement for Futures and Options (STFO).

Broker Systems are connected to STFO through the gateway – special hard- and soft ware interface, providing interaction of Brokers systems and STFO in real-time mode.

Selecting a Broker System

To get access to trading Section Member can:

• use his own Broker System;
• buy on of the following Broker systems;
• rent Broker System provided by E-Stock company (www.e-stock.ru).

Connecting a Broker System

Connecting Broker Systems is possible provided acquisition of gateway MICEX Bridge from MICEX.

For more information please call (495) 705–9682;