How to Become a Member’s Client

The MICEX Group appreciates your interest in our services and hopes that the information in this section will help you complete the admission process for the MICEX Group markets. MICEX is the leading universal exchange, combining the liquidity of all Russia’s basic financial market and stock market segments. Members’ clients may work in the following markets:

• Stock Market (shares, corporate bonds, investment fund units, euro bonds, municipal bonds, regional bonds, commercial paper);
• Government Securities Market (government bonds, euro bonds, corporate bonds, Bank of Russia bonds);
• Securities and Indexes Derivatives Market (MICEX index futures, Single stock futures)
• FX and STIR Derivatives Market (FX futures, MosIBOR and MosPrime interest rate futures);
• Commodity Derivatives Market (grain futures);
• Сurrency Market (transactions with US dollars, Euros, Kazakh tenges, Ukrainian hryvnas and Belarusian rubles).

To access the market and begin trading in the instruments of your choice, we recommend the following steps:

1. Select the MICEX Group market you are interested in. To do so, review the Trading Instruments and Trading Schedule;
2. Review the List of Members and the List of Leading Members in Terms of Exchange Turnover of the relevant MICEX market;
3. Review the fees and terms of client services offered by various Members;
4. Select the Member whose terms of service you consider satisfactory. Execute the required documents and follow the entry procedure established by the Member’s terms of service.

Training

MICEX holds training events on a regular basis, including some held together with Members, that are aimed at audiences with a wide range of training levels. Please follow the announcements in the Conferences and Seminars section!

Accessing Exchange Information and Services

The MICEX Group has developed special services to make working in our markets more convenient and effective for Clients and Members. These include online access to exchange information on our website and via the MICEX Web Client terminal, historical trading data, and many other features. For further information please visit the Accessing Exchange Information section.

Analysis

For Clients, Members, and all interested parties, MICEX regularly prepares information and analysis materials on all of the MICEX Group markets – Surveys, Bulletins, Trading Notes, a monthly Exchange Review Magazine, and many others. For more information please visit the Analysis section.

Feedback

You can ask questions in the MICEX Forum or consult with a specialist using a special electronic form.