ABOUT US

Piter Trust is one of the leading Russian investment companies
presented as a prime-broker
on the largest exchange of Eastern Europe - Moscow Exchange

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OUR OFFER:

Direct Market Access(DMA) to the Moscow Exchange:
currency exchange
purchase of government bonds of the Russian Federation (OFZ),
corp.shares
hedging against currency risk

OUR COMPETITIVE ADVANTAGES

licensed broker
very competitive commissions
segregation account for DMA client
more than 15 years experience
ready investment infrastructure

OUR LICENSES AND PERMISSION (RUS)

Contacts

JSC «PITER TRUST INVESTMENT COMPANY»
191186, SAINT-PETERSBURG, MOIKA EMBANKMENT, 11N
+7(812) 336-65-86
INFO@PITER-TRUST.RU

DIRECT MARKET ACCESS TO MOEX

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Currency exchange 

MECHANISM OF CURRENCY EXCHANGE OPERATIONS

Non-resident enters into a contract of brokerage services with the company Piter Trust and gains access to the FX market of the Moscow Exchange. In order to open an account with Piter Trust, legal entities must complete the respective Investigation Form and provide the requisted set of documents. Buy/sell transactions can be made by phone or using a trading system installed by the client. Its possible to conduct currency transactions with RUR both partial and full payment

CLEARING AND SETTLEMENT

Trades executed on FX market are cleared by the National Clearing Centre, a subsidiary company established within the Moscow Exchange Group speci cally for the purpose of providing clearing services and Central Counterparty guarantees for FX trades. Clearing is performed in accordance with the Documents and Time Regulations of CJSC JSCB National Clearing Centre (NCC) for FX Market

COMMISSION

For a foreign currency purchase and sale transaction commission of Piter Trust: RUR 0.03 per unit of currency (USD, EUR), less 0.055%; Moscow Exchange commission about 0.0015%

GOVERNMENT Bonds OF THE RUSSIAN FEDERATION (OFZ) / CORPORATE SHARES

MECHANISM OF TRADING

Trading (submission of orders and execution of securities trades in the trading system) on Moscow Exchange is governed by the Rules of Securities Trading of the Closed joint-stock company "MICEX Stock Exchange". Securities trades are concluded by matching bids and oers entered by market participants into the trading system of Moscow Exchange. The exchange ensures that all market participants irrespective of their physical location have equal opportunities to trade. Please note that orders to buy or sell stocks and fund units are priced in Russian rubles, whereas bond/shares quotes are expressed as a percentage of the par value

Benefits

The customer gets an opportunity to invest in high-yield RUR priced government bonds of the Russian Federation (OFZ) after entering into a Brokerage Agreement (submit a documentation set, open an account at the Moscow Exchange). It possible to achieve USD double-digit returns on investments due to high yields of bonds in rubles and a liquid FX market. The «carry-trade» strategy will remain attractive in 2018. The customer also gets the opportunity to buy shares of russian corporations directly

Commission

For purchase and sale transaction: 0.05% of the transaction value in rubles total.

Segregated accounts

Moscow Exchange FX Market allows clients of market participants to maintain segregated settlement codes, which facilitates the opportunity‎ to transfer obligations and collateral from one clearing firm to another. Such segregated clients are permitted to submit a transfer form to NCC Clearing Bank on their own (as set out in the Clearing Rules). Segregated clients' obligations and collateral are transferred from one clearing firm to another with regard to trades recorded on the settlement code tied to the segregated client. This protects good faith clients in the event of a broker's default. To protect the funds of segregated clients, a record is made upon the client's registration to allow withdrawals from the settlement code only to accounts for which the segregated client is a beneficiary.   Further information on segregated client registration and transfer of their obligations and collateral is available on the NCC Clearing Bank's website.

HEDGING CURRENCY RISK

Exchange instruments make it possible for a customer to purchase a foreign currency (fix the current exchange rate) by only depositing 15 to 20% of the nominal value of the total currency amount in rubles to the broker’s account. Then the condition of partial payment will be maintained as long as desired by using SWAP transactions (daily purchase and sale of currency under the «Sell Today/Buy Tomorrow» scheme). The customer does not bear any forex risks as all exchange rates are xed, and the nal purchase price is only increased by the value of daily SWAP transaction costs based on the current market rates which now amount to approximately 5% per annum for RUR, 2% for USD.

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Mechanism

Exchange instruments make it possible for a customer to purchase a foreign currency (fix the current exchange rate) by only depositing 15 to 20% of the nominal value of the total currency amount in rubles to the broker’s account. Then the condition of partial payment will be maintained as long as desired by using SWAP transactions (daily purchase and sale of currency under the «Sell Today/Buy Tomorrow» scheme). The customer does not bear any forex risks as all exchange rates are fixed, and the final purchase price is only increased by the value of daily SWAP transaction costs based on the current market rates which now amount to approximately 5% per annum for RUR, 2% for USD.

BENEFITS

1. Partially backed transactions, there is no need in diverting the whole amount of funds
2. Transactions are made at the Moscow Exchange where the principle of Central Counterparty is implemented, i.e. the party to the customer’s deal is the Exchange itself; thereby the so-called credit risk or default risk is practically eliminated
3. Flexible length of hedging periods: from 1 to 180 days

CUSTOMER’S ACTIONS

1. Enter into a Brokerage Agreement (submit a documentation set, open an account at the Moscow Exchange).
2. Credit the backup funds in rubles in an amount of 15 to 20% of the total amount of foreign currency.
3. Make a purchase transaction for the total amount of foreign currency: x the current exchange rate.
4. Make a daily SWAP transaction until the day when the foreign currency is needed.
5. It will be necessary to transfer the remaining 80 to 85% to the Exchange when the nal settlement (hedge termination) date comes, convert them on the basis of the nal exchange rate, and receive non-cash foreign currency to the Customer’s account.

The Customer may withdraw some part of the currency by transferring the respective
amount in rubles equivalent to the amount of currency to be withdrawn

COMMISSION

For a SWAP transaction: 0.0027% of the transaction value in rubles
* SWAP transaction period (in days), up to 1% per annum total

REAL ESTATE DEVELOPMENT SERVICES

Real estate investments are one of the most attractive ways of long-term capital allocation, than gives the optimal balance between risk and return.

We invest the customers funds in offices, residential property, warehouses as well as in objects of social and sporting destination.

We provide legal and administrative control of objects, an implementation of the squares, their further commercial use, handle legal and financial document management, relationships with tenants on matters of contracts, collecting payments, insurance, bookkeeping, etc.