Important Events in 2004
January
The MICEX began to publish the Corporate Bonds Index (RCBI), calculated in the real-time mode as a result of trading on the MICEX.
The MICEX and the London Stock Exchange signed a Memorandum of cooperation, which envisages the exchange of information on Russian issuers' securities admitted to trading on the MICEX and the international stock market.
The basic terms of REPO transactions in government securities on MICEX were adopted as standard terms of the National Stock Association.
Tomsk Region's internal bonds were placed on the MICEX.
February
10 billion rubles worth of Gazprom bonds were placed on the MICEX.
The MICEX started trading in the RF eurobonds and the bonds of the Bank of Russia with settlements in rubles.
The National Commodity Exchange and the Russian Central Universal Exchange started trading in the framework of government commodity interventions in the grain market. Trading was held on the basis of the MICEX technological infrastructure.
March
The MICEX and the Vienna Exchange (WBAG) signed a Memorandum of cooperation in the area of creating and disseminating stock indexes.
The Bank of Russia started deposit transactions with credit institutions with the use of the MICEX trading and settlement system.
April
Government bonds of Sakha (Yakutia) Republic were placed on the MICEX. The MICEX started trading in the bonds of Chuvash Republic.
May
Mutual fund Exchange Square — the MICEX Index was formed for the MICEX Index.
The bonds of Krasnodar Territory were placed on the MICEX.
The MICEX stockholders' meeting decided to pay dividends to the amount of 106 million rubles.
1,5 billion rubles worth of bonds of Mortgage Credit Lending Agency were placed on the MICEX.
The MICEX CEO Alexander Potemkin was elected member of the Board of the National Stock Market Association.
The MICEX unified trading in the Unified Trading Session of inter-bank currency exchanges (UTS) and the afternoon session in the MICEX SELT, which enabled to concentrate liquidity of the currency market and raise the reliability of trading.
June
Currency futures with the time of circulation up to 1 year were put into circulation in the MICEX Derivatives Market Section.
The bonds of Krasnodar Territory were placed on the MICEX.
To keep the RF Eurobonds, traded for rubles, on the MICEX, the National Depository Center implemented a new scheme of depository service of Eurobonds with the use of the account of the MICEX Settlement House with Clearsteram Banking.
The 2004 bond loan of the city of Ufa was placed on the MICEX.
The MICEX held an exhibition-auction of collectable securities and opened the web site of the Museum of Exchange Business History.
July
Bonds of Systema Finance Investments, Sibirtelecom and Yaroslavl Region are placed on the MICEX.
The general meeting of the International Association of Exchanges of the CIS Countries (IAE CIS) is held in Odessa. Heads of 16 organizations from 8 states of the CIS discuss the state and the prospects of development of exchanges in the CIS. The MICEX CEO A.Potemkin is elected member of the Council of the IAE CIS.
Vadim Subbotin, who is in charge of the MICEX financial activities, is appointed Deputy CEO of the MICEX.
The MICEX holds the round-table talk "The Work of Boards of Directors: Results for Years 2003/2004», organized by the Association of Independent Director with the support of CapitalLogica, the Anne McBride Company, Inc. and the US Agency for International Development.
August
On the MICEX, trades are launched in shares of mutual funds supervised by Olma-Finance Management Company, Metropol Management Company and the Management Company of Industrial and Construction Bank.
The MICEX and the NDC start information exchange in the real-time mode between the trading and the depositary systems in the market of government securities.
The MICEX Stock Exchange completes the formation of the new structure of the stock capital and submits the appropriate documents to the Federal Service for Financial Markets to obtain the stock exchange license.
Bonds of TsentrTelecom (CenterTelecom) and Russian Standard Bank are placed on the MICEX.
The MICEX is named among the best correspondents of JP Morgan Chase Bank.
September
The MICEX reduces the commission for transactions in government securities.
The MICEX allocates 3 mln rubles for people who suffered from Beslan terrorist attack.
The MICEX Stock Exchange obtains the stock exchange license from the Federal Service for Financial Markets. The license entitles the MICEX SE to organize trading in the securities market.
Zero-coupon bonds of the Bank of Russia with the volume of issue of 50 bln rubles at par are placed on the MICEX for the first time in the last two years.
October
The NDC and the MICEX hold the conference "The Bonds Market: the Current State and Prospects of Development".
The National Foreign exchange Association and Reuters launch a new project: the calculation of the indicative USD/RUB Russian InterBank Exchange Rate (RIBER).
Bonds of Gazprom, Uralvagonzavod-Finance, SMARTS, HKF Bank, TD Euronetwork and bonds of Khabarovsk Territory, Krasnoyarsk Territory, Tomsk Region and bonds of Bryansk and Krasnoyarsk are placed on the MICEX.
Standard & Poor's and the MICEX present the results of their survey of transparency of largest Russian companies (Transparency & Disclosure Survey 2004).
The MICEX CEO A.Potemkin wins the contest "Russia's Best managers", held by "Company" magazine.
The MICEX adopts the plan of transferring stock business to the MICEX Stock Exchange in the framework of the MICEX Group.
November
On the MICEX trading begins in investment trust shares under the management of Alemar Management Company, Vektor Management Company and Oil and Gas Assets Management Company.
Bonds of LUKoil, Uralsvyazinform, Salavatnefteorgsintez, Yutair-Finance and bonds of Komi Republic, Krasnodar Territory and Nizhni Novgorod Region are placed on the MICEX.
The MICEX begins to publish the Russian Government Bonds Index (RGBI) under the program of development of the government bonds market.
International conference "The Russian ruble: 15 years on the path to convertibility", organized by Moscow International Foreign Exchange Association with the assistance of the MICEX, is held in Moscow.
The MICEX and the Shanghai Stock Exchange sign in Shanghai the Memorandum of cooperation.
December
"The Russian Bonds Congress — 2004», organized by the MICEX and Cbonds.ru, is held in St.Petersburg.
Bonds of Transmashholding, Novatek, AIZHK, Tulachermet, NGK Itera, JFC International, Rosselkhozbank, Roskhleboproduct, Russian railways, Finance International Invest, the Federal Network Corporation UES, Salut-Energy and the bonds of Kaluga and Novosibirsk regions are placed on the MICEX.
The National Mercantile Exchange wins the contest, organized by the Federal Agency for Agriculture to select an exchange for government procurement interventions to be performed to regulate the market of farm products, raw materials and food products in 2004.
The 8th all-Russia contest "Best Russian Enterprises" presents its results. The contest is organized by Russian Union of Industrialists and Entrepreneurs jointly with the RF Chamber of Trade and Industry and Expert Institute with the support of the RF Government, government agencies and public organizations. The MICEX acts as the strategic sponsor of the contest.
The general meeting of the National Depositary Center appoints Nikolai Yegorov Director of the NDC.
The first (constituent) conference of the Association of Central Depositaries of Eurasia is held in Moscow. Non-profit partnership The National Depositary Center joins the Association.
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MICEX Portrait
