OREANDA-NEWS. On 25 December 2008 was announced, that the Board of the MICEX Stock Exchange decided to include the Bank of Russia in the body of participants in trading on the Exchange.

The latest versions of the “Rules of Trading in Securities on the MICEX Stock Exchange” and the “Rules for Admission to Trading on the MICEX Stock Exchange” were approved by the Board the MICEX SE on November, 6, 2008, and registered by the Federal Financial Markets Service of the Russian Federation on December 9, 2008. Both documents took effect on December 15, 2008.

The Rules for Admission to Trading establish the procedure for including the Bank of Russia in the body of participants in trading and its admission to trading.

The Rules of Trading in Securities provide for two new trading modes in which repos with the Bank of Russia will be transacted on the MICEX Stock Exchange: trading mode “Repo with the Bank of Russia: Repo Auction” and “Repo with the Bank of Russia: Fixed Rate”. In these trading modes, repos will be transacted in securities included on the Bank of Russia’s Lombard List. To be able to conclude transactions in the above-mentioned trading modes, participants in trading must sign the General Agreement with the Bank of Russia.

Find the text of the Rules at: http://www.micex.ru/markets/stock/documents.