The trading mode Repo with the CCP launched
On February 05, 2013 CJSC "MICEX Stock Exchange" launches trading in the modes Repo with the Central Counterparty (further Repo with the CCP) and Negotiated Trades with the Central Counterparty (further Negotiated Trades with the CCP).
CJSC JSCB National Clearing Centre, a part of the Moscow Exchange Group, acts as the central counterparty for these modes.
Effective February 05, 2013 the following terms for entering orders and executing trades in the trading modes Repo with the CCP and Negotiated Trades with the CCP have been set:
1. Appendix hereto contains securities eligible for trading in the modes "Repo with the CCP – Indirect orders" and "Repo with the CCP – Direct orders".
2. Admissible settlement codes for repo trades with the CCP are the following:
- Y0/Y1 in the trading mode "Repo with the CCP – Indirect orders";
- T0/Y1, Y0/Y1 in the trading mode "Repo with the CCP – Direct orders".
3. Trading hours of the trading mode "Repo with the CCP – Direct orders" are as follows:
- trading period - 10:00 - 16:00 MSK;
- settlement period - 17:00 - 19:00 MSK.
4. Trading hours of the trading mode "Repo with the CCP – Indirect orders" are as follows:
- trading period - 10:00 - 16:00 MSK.
5. Appendix hereto contains securities eligible for trading in the mode "Negotiated Trades with the CCP".
6. Admissible settlement code for trades executed in the mode "Negotiated Trades with the CCP" is Y1.
7. Trading hours of the trading mode "Negotiated Trades with the CCP":
- execution of trades without entering orders with settlement code Y1 - 17:00 - 19:00 MSK.
For further information, please contact the Public Relations Department at (495) 363-3232.