Single account for spot, forward markets
In 2012, the merged MICEX-RTS exchange may introduce a single trading account for the spot and forward securities market. The mechanism will become possible after the MICEX and the RTS merge their stock markets and their depositories, the Depositary Clearing Company and the National Settlement Depository, RTS chief executive Roman Goryunov said at the People’s Option Conference.
On June 29, 2011, the exchanges’ major shareholders signed a framework agreement on merging their trading platforms. The legal process of the merger was finished by December 19. At the initial stage of integration, all markets of the RTS Group will be moved to the MICEX.