Being an active player on financial markets Veles Capital is a member of many leading professional associations, groups and not-for-profit partnerships, including:
The National Association of Stock Market Participants (NAUFOR): member since 2000
The self-regulated National Association of Stock Market Players (NAUFOR) was established in November 1995 by professional stock market participants from various regions of Russia. The main tasks of NAUFOR are:
- providing the favorable conditions for professional activity in Russian stock market;
- elaborating and controlling the standards of professional ethics;
- protection on investors’ interests;
- setting rules and standards for securities transactions;
- development of professional training and retraining programs for NAUFOR members and other participants of Russian securities market.
Russian Trading Sysytem Stock Exchange (RTS): member since 2001
RTS Stock Exchange, a not-for-profit partnership, was established in mid-1995 to integrate the fragmented regional markets into single national securities market. RTS provides a trading floor for a considerable share of domestic and foreighn portfolio investments in Russian stocks, and unites markets with different traded instruments and trading arrangements.
St. Petersburg Stock Exchange, a not-for-profit partnership: an accredited trader since 2004. St. Petersburg Stock Exchange is a successor to St. Petersburg Exchange in a securities trading. St. Petersburg Stock Exchange’s task is to help its members in creation of an organized securities market, to provide its functioning in the best interest of professional market players and investors, as well as to promote the development of Russian stock market infrastructure.
Moscow Interbank Currency Exchange (MICEX): trader since 2004
The MICEX is the largest universal exchange in Russia, the CIS and Eastern Europe. At present, the MICEX Group, which integrates the trading and the settlement systems on a unified technological platform, holds the central place in the infrastructure of the Russian capital market. MICEX operates a number of markets: the foreign exchange market (since 1992), the state bonds market (since 1993), the market of derivative instruments (since 1996), the stock market (since 1997), the market of corporate and regional bonds (since 1999) and the money market (since 2004). After implementing the up-to-date electronic trading and depositary systems the MICEX became a universal financial exchange which serves as a basis for a nationwide system of trading in all of the main segments of the financial market.