Rus News Journal

The stock exchange has founded two agencies

the Moscow stock exchange of nonferrous metals has taken one more step to future trade

Since yesterday there have begun work two new structures founded by the Moscow stock exchange of nonferrous metals (MBTSM) and the limited liability company “ the Inter-regional commercial company “ (one of members of a stock exchange), - Agency of warehousing and registration of transactions and News agency “ Metallurgy “. They are created within the limits of the program of transition of a stock exchange to future trade.

the Decision on creation of agencies was accepted on February, 16th at annual meeting of members of noncommercial association “ the Moscow stock exchange of nonferrous metals “ within the limits of the program of formation of an infrastructure of the future market of nonferrous metals. New structures are registered on April, 2nd as the limited liability companies. In the work of agency will make use of the experience which has been saved up by the Moscow stock exchange of nonferrous metals. In particular, now the news agency, instead of a stock exchange, will publish the weekly bulletin “ Two stock exchanges - two markets “ containing the operative price information on results of the auctions at the Moscow stock exchange of nonferrous metals and the London stock exchange of metals (London Metal Exρhange), and also the quarterly analytical collection “ the Russian market of nonferrous metals “. The agency as the independent structure, can is more active, than the stock exchange to work with the subscribers which circle should extend at the expense of large metallurgical industrial complexes, foreign and Russian intermediary firms. Also information interchange with Daily Metal - one of editions of the world`s largest specialised " will be ordered; metal “ agencies Metal Bulletin. In immediate prospects occurrence of new operative information publications MBTSM is not planned yet, however, as the director of agency Vyacheslav Gubanov, " has declared; we want to have brokers - professionals both in the market of the real goods, and on future, and we will publish for this purpose the specialised manuals focused on a future problematics “.
the Second structure - Agency of warehousing and registration of transactions - is created for maintenance of a warehouse economy necessary for future trade. For today at a stock exchange contracts with 7 specialised warehouses which have passed preliminary certification on conformity to standards of storage, loadings, unloadings and to other parametres accepted in the world market are concluded.

YANA - MIRONTSEVA