RTS Debuts Order-Driven Trading

FRONT PAGE: EXCHANGE TECHNOLOGIES

MOSCOW—In a move to stimulate market participation, the Russian Trading System (RTS) Stock Exchange has introduced order-driven trading on its RTS Classic Market, after having postponed it for more than a year.

"Since Nov. 15, seven liquid stocks can be traded with order-driven technology," says the Moscow-based Alexey Sukhorukov, vice president of the RTS Stock Exchange. The seven securities are RAO UES of Russia, Norilsk Nickel, LUKOil, MTS, Rostelecom, Surgutneftegaz and Tatneft. "All the

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