How to buy shares of Apple, Google and Facebook in Russia

Our blog has previously discussed topics on how to buy shares of Russian (for example, Yandex , which in the summer spent placing its shares on the Moscow Exchange) and foreign technology companies ( before, during and after the IPO ).

In short, it was not so easy for citizens of Russia to buy shares of famous technology companies for a variety of reasons, the main of which was the need to enter into an agreement with a foreign broker or to search for a domestic company having appropriate partnerships. All this complicates the process and results in additional financial costs.
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Now the situation will improve - on November 28, direct trading in foreign securities started on the St. Petersburg Stock Exchange.

What it is

According to representatives of the Exchange, they felt the demand for shares of international companies (topics on topics related to foreign securities, one of the most widely read on the ITinvest blog, for example, IPO material). That is why a project was launched to provide the opportunity to purchase such shares directly from the Russian stock exchange and with the storage of shares in the Russian depository.

At the first stage, 50 most liquid stocks of leading companies from various sectors of the economy from the S & P 500 list will be allowed to trade.



Technology companies such as Apple (we wrote about how stocks behave after the release of new iPhones ), Yahoo, Cisco Systems, Facebook, Google, Intel, and others are among the pioneers.

Read also: Why shares of Yandex and Mail.ru are getting cheaper and what does it mean

All categories of investors, including unqualified ones, that is, “ordinary people”, will be able to make deals with these shares on the St. Petersburg Stock Exchange.

Trades will be carried out on a new trading and clearing system, specially developed by NP RTS on the order of the St. Petersburg Stock Exchange.

Scheme of work

Trades in foreign securities (abbr. ICB) will be held daily from 10:00 to 24:00 in two modes - continuous anonymous auction and closing auction mode, held at the prices of the most liquid exchange markets.

Settlements for trading take place under the T + 3 scheme (three working days after the date of the transaction). The execution of transactions is guaranteed by the central counterparty, which is OJSC “Clearing Center of the Moscow Stock Exchange”. Currency prices and currency of payment are US dollars.

See also: What to invest your finances in terms of the devaluation of the ruble

The important moment is that foreign securities will be traded according to the market model , the peculiarity of which is that high-frequency algorithmic traders can act exclusively as market makers, providing liquidity to the exchange "glass" rather than "pumping" it out of the market.

How to access

Access to trading in foreign securities can be obtained from clients of brokers who are accredited on the St. Petersburg Stock Exchange. ITinvest is included in this list. Today, access to this new segment of the Russian financial market is provided in the “trial operation” mode, and since Monday, December 8, it is planned to provide such access to all interested customers who have signed the Risk notification when trading in foreign securities.



To be able to purchase securities of well-known foreign companies, you must first open a brokerage account using the form on the website and deposit rubles or currency on it.

Details on the mechanism of purchasing MBS, calculating and controlling risks, accounting transactions and reporting will be described in our following materials.

That's all, thank you for your attention. We will be happy to answer your questions in the comments.

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