RUS GVT Centralized Trading Updates

Published on: Dec 17, 2024

On Dec. 13, RUS GVT amended regulation on centralized trading.

  • RUS GVT published law 453-FZ amending art 769-5 of law on RUS CB and law on centralized trading.
  • Key Points
  • Establish a legal framework for operation of a commodity trading system of a trade organizer, which provides services for organized trading on commodity market on basis of a trading system license and trading volume does not exceed that set by RUS CB.
  • Trade organizers are granted the right to calculate indicators, including prices, indices, other indicators based on information on contracts concluded on the organized market.
  • Effectiveness
  • The law enters into force on Sep. 1, 2025.
Regulators
RUS GVT
Entity Types
Exch; Inv Co
Reference
OG, Law 453-FZ, 12/13/2024; Bill 406997-8
Functions
Compliance; Legal; Operations; Risk; Trading
Countries
Russia
Category
State
N/A
Products
Commodities; Fund Mgt; Securities
Rule Type
Final
Regions
EMEA
Rule Date
Dec 13, 2024
Effective Date
Sep 1, 2025
Rule ID
236986
Linked to
N/A
Reg. Last Update
Dec 13, 2024
Report Section
International