St. Petersburg Exchange (since 1997)

St. Petersburg Exchange Open Joint Stock Company has become the full successor of the St. Petersburg Stock Exchange.

PJSC St. Petersburg Exchange is part of the NP RTS group of companies. To organize securities trading on the basis of the St. Petersburg Exchange, in April 1997 the Non-Profit Partnership "Stock Exchange" St. Petersburg "was created, which received license No. 1 for operating as a stock exchange.

Since 1998, the St. Petersburg Stock Exchange has topped the list of exchanges authorized by the Government of Russia to organize trading in Gazprom shares.

In January 2009, the Non-Profit Partnership was reorganized into PJSC St. Petersburg Exchange, and all members of the partnership became its shareholders.

Trading in futures and options on the St. Petersburg Exchange began in 1994. The derivatives market of the St. Petersburg Exchange became the only derivative platform on which there was no default on derivatives transactions during the 1998 financial crisis. After the site was acquired by the RTS Stock Exchange, the derivatives market FORTS was created on its basis. Since 2009, FORTS has consistently been in the top ten derivatives markets in the world in terms of trading volume according to the Futures Industry Association rating.

Since 2010, the St. Petersburg Exchange and the Moscow Exchange (at that time the RTS Stock Exchange) have been collaborating on a project to develop exchange trading in futures contracts for goods on the St. Petersburg Exchange, in the framework of which futures contracts for diesel, gas oil, wheat, corn, soy and cotton.

Stock Market PJSC St. Petersburg Exchange

Since 1998, the St. Petersburg Stock Exchange has topped the list of exchanges authorized by the Government of Russia to organize trading in Gazprom shares, as well as the authorized trading system of the St. Petersburg Government for trading in city bonds - MCOs. For a long time, the St. Petersburg Exchange OJSC was the only exchange in Russia providing listing of Gazprom shares.

Derivatives Market PJSC St. Petersburg Exchange

In fact, the history of the derivatives market of the St. Petersburg Exchange reflects the history of the formation and development of the entire modern Russian stock derivatives market.

The first trading in futures contracts began back in 1994. Already in August 1995, American-type options were put into circulation on the stock market.

In mid-1997, an electronic trading system was launched in the derivatives market of the Exchange, in which futures contracts were originally traded. Trading options in the electronic trading system began to be held since January 1999.

During the crisis of 1998, the Exchange did not stop trading for one day and fulfilled all obligations to market participants.

As part of the implementation of the agreement on the creation of a single derivatives market with RTS Stock Exchange OJSC (now the Moscow Exchange PJSC) and the St. Petersburg Exchange, in September 2001, a single trading session of the RTS derivatives market (FORTS) was opened. Since 2009, FORTS has steadily entered the top ten derivatives markets in the world in terms of trading volume according to the Futures Industry Association rating.

Since 2010, the St. Petersburg Exchange and the Moscow Exchange (at that time the RTS Stock Exchange) have been collaborating on a project to develop exchange trading in futures contracts for goods on the St. Petersburg Exchange, in the framework of which futures contracts for diesel, gas oil, wheat, corn were launched , soy and cotton.

Since February 2011, PJSC St. Petersburg Exchange and RTS Stock Exchange OJSC (now PJSC Moscow Exchange) have been implementing a joint project to organize exchange trading in commodity futures . Trades are conducted on the basis of the RTS futures and options market trading system (FORTS) and the FORTS market risk management system, which ensures the principle of a single monetary position in all markets for bidders. The first instrument of the project was the settlement futures contract for wheat, quoted in rubles. As the strike price for this futures, the leading exchange indicator for wheat is used, calculated on the basis of the price of the Wheat futures futures contract traded on the CBOT exchange (part of the CME Group ). The next tool in the development of the project was the settlement futures for the code in the auction: DS. The futures contract does not imply the supply of diesel fuel and is executed by monetary calculations, based on the value of the CORTES-Gasoil index. Derivatives are traded in the futures market, the underlying assets of which are: wheat, cotton, soybeans, corn, diesel and gas oil.

Since May 31, 2013, organized commodity trading, previously held at OJSC “ Moscow Stock Exchange ”, has been fully transferred to OJSC “St. Petersburg Exchange”.

In April 2016, trading in futures contracts on the St. Petersburg Exchange was discontinued.

Starting trading in foreign securities

In November 2014, the start of trading in foreign securities took place on the St. Petersburg Exchange. Transactions are concluded within the framework of the Russian legal field and are calculated in US dollars. Shares are held at the Russian Depository (RDC). All categories of investors, including unskilled ones, can make transactions with these shares on the St. Petersburg Exchange.

At the first stage, 55 shares of leading world companies such as Apple , Facebook , Visa , and others were admitted to trading.

On August 28, 2016, a technology for providing access to global liquidity was introduced on the St. Petersburg Exchange. Thus, after the opening of trading on American stock exchanges, Russian investors can make transactions using unlimited liquidity.

On September 5, 2017, the St. Petersburg Exchange switched to the T + 2 settlement mode for transactions with foreign securities. The timing and order of transition were established by the T2 Settlement Industry Steering Committee ^[1] and were part of the US securities market global reform program.

On August 29, 2017, as a result of a phased expansion of the list of securities on the St. Petersburg Exchange, all S & P500 shares were admitted to trading ^[2] . Thus, 523 instruments became available at the auction.

As of 2019, the list of foreign securities traded on the St. Petersburg Exchange exceeds 1,000 items.

• Non-profit partnership for the development of the financial market - RTS 51.7953%
• Kensiport Investments Limited - 11.8364%
• PJSC “CC IFAC”, PJSC “IFAC Clearing Center” - 8.0161%
• Public Joint-Stock Company Best Efforts Bank - 12.3398%

• Serdyukov Evgeny Vladimirovich - General Director of PJSC St. Petersburg Exchange
• Sviridenko Konstantin Yurievich - Director of the Department of Business Analysis and Development
• Agafonova Ksenia Andreevna - Member of the Management Board.
• Kuleshov Igor Vyacheslavovich - Member of the Management Board.

• License of the Federal Service for Financial Markets No. 078-10457-000001 dated 02.08.2007 for carrying out activities as a stock exchange ^[3] .
• License of the Commodity Exchange Commission under the MAP of the Russian Federation No. 96 dated 06/13/98 for organizing exchange trading in the territory of the Russian Federation ^[4] .
• License of the Central Bank of the Russian Federation (Bank of Russia) No. 045—002 dated 08/29/2013 to carry out organized bidding activities ^[5] .
• License of the Central Bank of the Russian Federation (Bank of Russia) No. 045-002 dated 08/29/2013 for repository activities ^[6] .

• Official website of PJSC St. Petersburg Exchange