List of all foreign shares traded on the St. Petersburg Exchange

Section 1. Terms and definitions

This User Agreement (hereinafter referred to as the Agreement) uses the following terms and definitions:

History of the St. Petersburg Exchange

We will not study the history of SPB in detail; we will focus only on key dates:

• 1703 _ – construction began on the building that would later house the Saint Petersburg Stock Exchange. The initiator was Peter I; after visiting the Amsterdam Commodity Exchange, he decided to launch exchange trading in Russia;
• 1705 – construction has been completed, the trading platform has formally begun to operate. The first 100 years of work cannot be called successful; interest in stock trading was near zero; the decree of 1721, according to which stock exchanges must be built in all major cities, did not help either. Only the reform of Count Yegor Kankrin made it possible to attract private capital and stimulate the development of exchange trading. The development of the St. Petersburg Exchange began at the end of the 18th century;

  

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• 1917 – the work of all trading platforms of the Russian Empire was closed. The St. Petersburg site was the leader in volume at that time;
• 1921-1929 – within the framework of the NEP policy, the exchanges worked for several years, but this was already weakly reminiscent of the activity during the Russian Empire; in 1929, the last trading platform ceased to operate;
• January 1991 - Leningrad deputies decided to resume the work of the local exchange;
• 2009 – the exchange received its modern name.

The St. Petersburg Stock Exchange is the oldest, but it is not the largest in the country. The Moscow Exchange leads in terms of volumes

, it was also founded in the 18th century, but became only the fourth in the Russian Empire.

Do not confuse stock and commodity trading platforms. The St. Petersburg and Commodity Exchanges operate separately, it is called the St. Petersburg Exchange.

Section 2. General provisions

2.1. The Agreement defines the terms of use of the Information, the rights and obligations of the User arising when gaining access to the Information and Information services through the Site.

The composition of the Information available on the Website is determined by the Company at its sole discretion, taking into account the requirements of laws, regulations of the Bank of Russia and other regulations of the Russian Federation.

The procedure and conditions for obtaining free access to Information through the Site are determined by the Agreement. The procedure and conditions for access to Information services and use of Information are determined by the Agreement, as well as agreements concluded between the Company and Users.

2.2. The agreement is a public offer in accordance with Art. 437 of the Civil Code of the Russian Federation (hereinafter referred to as the Civil Code of the Russian Federation). The Agreement is published on the Site and comes into force from the moment of publication.

The user who has started using the Site is considered to have confirmed his agreement with the terms of the Agreement in the manner prescribed by clause 3 of Art. 434 Civil Code of the Russian Federation.

2.3 In accordance with the legislation of the Russian Federation and concluded agreements, the Company is the copyright holder of the Information, including, but not limited to, Exchange information, Indices and other Derivative information posted on the Site.

Main advantage (USP)

An important aspect is the purchase of foreign shares through a Russian broker on the stock exchange. This means that investors legally purchase securities and are protected by law. In case of negative situations, regulation occurs with the help of the Central Bank of the Russian Federation, and not foreign jurisdictions, which increases the chances of success. Other benefits of a unique selling proposition include:

• and the broker, and the exchange, and the depository - in the Russian legal field;
• minimum lot - 1 share;
• minimum for trading is $10;
• trading in dollars;
• the ability to connect a broker as a tax agent;
• use of IIS for certain operations

Section 3. Procedure and conditions for access to Information.

3.1 In accordance with clause 1, part 3, art. 6 of the Federal Law of July 27, 2006 No. 149-FZ “On Information, Information Technologies and Information Protection” The Company determines the procedure and conditions for the User’s access to the Information posted on the Site.

3.2 The Company provides free of charge access to Exchange information, Indices and other Derivative information to be posted on the Site in accordance with the requirements of laws, regulations of the Bank of Russia, and other regulations of the Russian Federation. Exchange information, Indices and other Derivative information may be used under the conditions established by section 4 of this Agreement.

3.3 All Indices are calculated by the Company using methods published on the Site. The values ​​of additional parameters used in calculating the Indices (coefficients, tariffs) are disclosed on the Site in the public domain.

3.4 Exchange information, as well as any Materials posted on the Site, are not advertising and cannot be regarded as recommendations or offers aimed at encouraging the User to enter into contracts with any exchange commodities (instruments) admitted to organized trading held in commodity sections and the derivatives market section of the Company.

3.5 Information posted on the Site may contain links to third party sites. When following hyperlinks posted on the Site to information resources external to the Site, the User leaves the Site. The Company is not responsible for the unreliability of information posted on information resources external to the Site, as well as for untimely updating and update of the relevant information in their composition.

3.6 The Company does not act as a representative of third parties specified in clause 3.5 of this section of the Agreement. The placement of these links is for informational purposes only and should not be construed as advice, advertising of products, recommendations, or offers sold by any third parties.

3.7 The provision of Information services to the User is carried out on the basis of an agreement for the provision of Information services concluded between the User and the Company. The procedure and conditions for providing access to Information provided in accordance with the agreement for the provision of Information services are determined by the specified agreement.

Commodity market

In 2013, it became possible to work with various goods at PJSC St. Petersburg. The corresponding license (No. 077 – 002) was issued by the Federal Service for Financial Markets. Commodity market instruments are divided into 19 categories.

The list of bidders is small. Thus, as of September 8, 2021, 43 participants offered their products.

As for trade itself, working hours differ significantly from the usual operating hours of PJSC St. Petersburg. Trading on the St. Petersburg Exchange is conducted from 11:00 Moscow time to 15:00 Moscow time, except on Wednesdays , when trading begins an hour earlier. There is no work during holidays and weekends. For certain groups of goods, it is possible to set additional work schedule restrictions.

Section 4. Terms of Use of Information

4.1 The User has the right to use the Information posted on the Site under the conditions and subject to the restrictions provided for in this Agreement.

4.2 Information may be used by the User subject to the following conditions and restrictions:

4.2.1 Any actions with the Information are permitted, with the exception of Distribution, performed by the User for personal/official purposes not related to making a profit.

4.2.2 Distribution of Exchange information by the User is permitted only subject to the conclusion of an agreement provided for in clause 3.7 of this Agreement.

4.2.3 Distribution by the User of Derivative information, including Indexes, is permitted subject to prior written permission from the Company and a link to the source of such information, in particular to the Site.

4.2.4 Distribution of Materials by the User is permitted provided that a link to the source of such information is indicated, in particular to the Site.

4.2.5 When Distributing Information, processing of its original text is not allowed. Reducing or changing the arrangement of the components of the Information, providing illustrations, comments or any explanations, is permitted only to the extent that this does not lead to distortion of the Information.

4.2.6 The User has no right to take any actions aimed at technologically extracting or copying information from the Site, bypassing the access means directly provided to the User on the Site.

4.2.7 It is prohibited for the User to use the Information for the purpose of making a profit, except for the case when the Information is received on the basis of an agreement provided for in clause 3.7 of this Agreement.

4.3 The terms of use of the Information provided in accordance with the agreement for the provision of Information services are determined by such agreement.

Section 5. Intellectual Property Rights

5.1 All Information is the object of intellectual property of the Company. Exclusive rights to the Information provided by the Company in connection with the provision of Information services are retained by the Company.

5.2 Materials, their selection and relative arrangement are subject to protection in accordance with the provisions of laws, regulations of the Bank of Russia and other regulations of the Russian Federation. Use of the Materials is permitted only subject to compliance with the conditions provided for in Section 4 of this Agreement.

5.3 Exclusive rights to use trademarks, commercial designations and other objects of intellectual property posted on the Site belong to the Company or its partners.

5.4 The Company, as the copyright holder of intellectual property, has the right, at its discretion, to permit or prohibit third parties from using intellectual property. However, the absence of a prohibition is not considered consent or permission to use.

5.5 The terms of the Agreement cannot and should not be considered as grounds for transferring or granting the Site User any exclusive (license) rights to use the Materials.

How the auction works

The Moscow Exchange operates in 5/2 mode, and the morning begins with an early session on the foreign exchange market. The trading session for currencies starts at 7:00 Moscow time. From 9:50 to 9:59 there is an opening auction - bids (orders) of participants for purchase and sale are collected. This helps determine the prices of the first transactions and eliminates manipulation at the start of trading. The main session starts at 10:00, and the first half of the day is intense - traders and investors react to important news that got caught in the information noise on the eve of the start of trading.

Closer to lunch, as a rule, stock prices stabilize. But the second half of the day depends on foreign quotes.

Most instruments are traded in rubles, even when purchasing shares of foreign companies. Despite this, dividends on American securities are paid in US dollars.

Previously, trading ended at 18:49:59, but since June 2021, the Moscow Exchange has introduced an additional evening trading session, during which you can enter into purchase and sale transactions for shares included in the list approved by the Moscow Exchange. Now you can buy or sell some securities until 23:50.

List of shares admitted to evening trading

The Moscow Exchange can turn on the discrete auction mode if the price of any share included in the Moscow Exchange index is unstable and changes by 20% or more within 10 minutes. The exchange suspends trading for half an hour to collect limit orders. Based on them, the market price will be re-formed. The same thing happens if the Moscow Exchange index rises or falls by 15% within 10 minutes. If this happens three times in one day, trading will stop until the next day.

Section 7. Liability

7.1 Any unlawful use of the Information posted on the Site is a violation of the rights of the Company as the copyright holder and/or third parties and may entail liability under the legislation of the Russian Federation.

7.2 The Company does not guarantee the continuity of operation and round-the-clock availability of the Site, services and services provided by providing access to the Site.

7.3 The Company is not responsible for:

7.3.1 losses caused by failures and other disruptions in the functioning of the Site, including those related to disruptions in the operation of equipment, communication systems or networks that are operated and/or maintained by third parties;

7.3.2 losses incurred by the User as a result of the presence of malware in the equipment and software used by the User to access the Site;

7.3.3 violation by the User of the terms of this Agreement;

7.3.4 unlawful actions of third parties, including those related to the use of the User’s data, as well as the use of information about the User, if such information has become available to third parties through no fault of the Company;

7.3.5 indirect, incidental, unintentional losses of the User (including harm caused by loss of data or damage caused to honor, dignity or business reputation) arising in connection with the use of the Site, including when following an external link posted on the Site that provides the transition to a third party website;

7.3.6 indirect, incidental, unintentional losses of the User (including harm caused by loss of data or damage caused to honor, dignity or business reputation), which are caused by the unreliability of the information specified or posted by the User during the registration process on the Site;

7.3.7 non-compliance with the requirements of the legislation of the Russian Federation of information and materials posted on the Site by the User, violation of proprietary, non-property and other rights of third parties related to the use of the Site by the User.

7.4 The responsibility of the Parties to the agreement for the provision of Information services is determined by the specified agreement concluded between the Company and the User. The amount of liability of the Parties is limited to the amount of actual damage caused to the other Party.

What can you buy

On the Moscow Exchange, investors can buy shares, bonds, funds, currencies, money and derivatives market instruments, precious metals, and even grain and sugar.

Previously, the Moscow Exchange had a limited number of foreign securities, but since the end of summer 2021, the platform began to expand the list of issuers with foreign companies. At the beginning of March 2021, the total number of shares and depositary receipts of foreign issuers of the site reached 87. The issuers whose securities can be purchased on the Moscow Exchange included Sony, Toyota, 3M, GAP, Oracle, Moderna and the company of the world-famous investor Warren Buffett, Berkshire Hathaway.

Section 8. Submitting Complaints

8.1 A user who believes that any information materials posted on the Site violate his rights and legitimate interests must send a corresponding complaint to the Company’s email address

8.2 The Company considers complaints that meet the specified requirements:

8.2.1 The complaint contains the applicant’s name, surname and patronymic/name, location and actual address, contact information.

8.2.2 The complaint contains a detailed description of the alleged violation of the User's rights.

8.2.3 The complaint contains contact information for sending a response: email address and telephone number.

8.2.4 The complaint contains consent to the processing of personal data (for the applicant - an individual).

Complaints that do not meet the specified requirements are not considered by the Company.

8.3 Complaints are considered by the Company no later than 30 calendar days from the date of receipt of the complaint to the Company’s email address specified in clause 8.1 of this section of the Agreement.

Section 9. Final Provisions

9.1 Any disputes related to the conclusion, amendment, execution or termination of this Agreement shall be resolved in accordance with the legislation of the Russian Federation.

9.2 The Company has the right to make changes to the terms of the Agreement by publishing a new version of the Agreement on the Website. The corresponding changes come into force from the moment the new version of the Agreement is published on the Website.

9.3 The User is obliged to periodically review the text of the Agreement in order to study the latest changes made to it. By continuing to use the Site after the relevant changes come into force, the User expresses his agreement with the terms of the Agreement in the new edition.

How dividends are paid

In order to receive dividends from foreign shares before closing the register of shareholders, it is important for the investor not to forget about the T+2 trading mode. That is, you need to buy shares of foreign companies paying dividends 2 days before the closing date of the shareholder register, and not on the same day.

Dividends will not come immediately. The average accrual period is 5-6 days after they are paid by the issuer. During these days, the broker's depository distributes them to clients' accounts. This is due to the time difference with the United States and the timing of bank transactions for transferring funds.