Easy access to global stock markets for CIS countries and EMEA
More than 952 thousand active accounts from 90+ countries and territories take advantage of the opportunities offered by SPB Exchange.
50%
Market share*
Value traded in Russia in USD
Value traded in Russia in USd
Value traded in Russia in USd
* stocks and depositary receipts as of Q1 2021 quarterly report by Bank of Russia, page 16, section 3.1.

Annual statistics**

12.2 mln
Registered clients
$1.6 bln
Daily average***
1 817
Global securities****

Annual statistics**

12.2
mln
Registered clients
$1.6 bln
Daily average***
1 817
Global securities****

Annual statistics**

12.2 mln
Registered clients
$1.6 bln
Daily average***
1 817
Global securities****
** as of June 30, 2021
*** for 6 months ended June 30, 2021
**** includes stocks, ADRs, and bonds
Our news
LATEST NEWS
Our news
LATEST NEWS
Our news
LATEST NEWS
UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS TRADING ANALYTICS UNITING INVESTORS TECHNOLOGY TRADING ANALYTICS
SPB EXCHANGE TODAY IS A UNIQUE AND FAST-GROWING LIQUIDITY CENTER. We aim to provide investors from different countries with equal and easy access to international stock markets.
SPB EXCHANGE TODAY IS A UNIQUE AND FAST-GROWING LIQUIDITY CENTER. We aim to provide investors from different countries with equal and easy access to international stock markets.
SPB EXCHANGE TODAY IS A UNIQUE AND FAST-GROWING LIQUIDITY CENTER. We aim to provide investors from different countries with equal and easy access to international stock markets.
1 lot = 1 share
Open for trading
19 hours a day
Best possible prices
1 lot = 1 share
Open for trading
19 hours a day
Best possible prices
1 lot = 1 share
Open for trading
19 hours a day
Best possible prices
Wide range of markets and instruments
Wide range of markets and instruments
Wide range of markets and instruments
SPB EXCHANGE PROVIDES ACCESS TO VARIOUS MARKETS:
SPB EXCHANGE PROVIDES ACCESS TO VARIOUS MARKETS:
SPB EXCHANGE PROVIDES ACCESS TO VARIOUS MARKETS:
List of securities admitted to trading download
US stock
and ADR market
Trading and settlement in USD
European stock and GDR market
Trading and settlement in EUR
Russian stock market
Trading and settlement in RUB
List of securities admitted to trading download
Eurobond market
Trading and settlement in USD, EUR
Derivative market
In progress
Asian stock market
In progress
List of securities admitted to trading download
US stock
and ADR market
Trading and settlement in USD
European stock and GDR market
Trading and settlement in EUR
Russian stock market
Trading and settlement in RUB
Eurobond market
Trading and settlement in USD, EUR
Derivative market
In progress
Asian stock market
In progress
List of securities admitted to trading download
US stock
and ADR market
Trading and settlement in USD
European stock and GDR market
Trading and settlement in EUR
Russian stock market
Trading and settlement in RUB
Eurobond market
Trading and settlement in USD, EUR
Derivative market
In progress
Asian stock market
In progress
Global securities can be admitted to public trading on the secondary market in Russia without agreement with the issuer. In that case listing can be initiated by the Exchange and the exchange takes responsibility for disclosing information about the issuer.

Today SPB Exchange has already listed securities with primary listing on NYSE, NASDAQ, LSE, Frankfurt Stock Exchange, Luxembourg Stock Exchange and Irish Stock Exchange.
Global securities can be admitted to public trading on the secondary market in Russia without agreement with the issuer. In that case listing can be initiated by the Exchange and the exchange takes responsibility for disclosing information about the issuer.

Today SPB Exchange has already listed securities with primary listing on NYSE, NASDAQ, LSE, Frankfurt Stock Exchange, Luxembourg Stock Exchange and Irish Stock Exchange.
Internet Content
Facebook (FB), Twitter (TWTR), Snap (SNAP), Pinterest (PINS), Baidu (BIDU), Weibo (WB), Yelp (YELP), Spotify (SPOT), NetEase (NTES), Match Group (MTCH), InterActiveCorp (IAC)

Payments,

transfers

Visa (V), Mastercard (MA), PayPal (PYPL), Square (SQ), Fidelity National (FIS), Euronet (EEFT), Western Union (WU), Global Payments (GPN), Euronet (EEFT), GreenSky (GSKY), Fidelity National (FIS)

RESTAURANTS, BEVERAGES

McDonald's (MCD), Papa John's (PZZA), Starbucks (SBUX), Yum! (YUM, YUMC), Coca-Cola (KO), PepsiCo (PEP), Keurig Dr Pepper (KDP), Domino's Pizza (DPZ), Chipotle Mexican Grill (CMG), Aramark (ARMK), Texas Roadhouse (TXRH)

Asian

ADRs

Alibaba Group (BABA), Baidu (BIDU), Bilibili (BILI), Huazhu Group (HTHT), Momo (MOMO), Sinopec Shanghai (SHI), Sony Group (SONY), Toyota Motor (TM), PetroChina (PTR), Weibo (WB), Taiwan Semiconductor (TSM)

ENTERTAINMENT

Netflix (NFLX), AT&T (T), Walt Disney (DIS), Comcast Corp. (CMCSA), Viacom CBS (VIAC), Discovery (DISCA, DISCB, DISCK), AMC Networks (AMCX), DISH Network (DISH), Nexstar Media (NXST), Fox Corp. (FOX, FOXA), Cable One (CABO)
Internet Content
Facebook (FB), Twitter (TWTR), Snap (SNAP), Pinterest (PINS), Baidu (BIDU), Weibo (WB), Yelp (YELP), Spotify (SPOT), NetEase (NTES), Match Group (MTCH), InterActiveCorp (IAC)

Payments,

transfers

Visa (V), Mastercard (MA), PayPal (PYPL), Square (SQ), Fidelity National (FIS), Euronet (EEFT), Western Union (WU), Global Payments (GPN), Euronet (EEFT), GreenSky (GSKY), Fidelity National (FIS)

RESTAURANTS, BEVERAGES

McDonald's (MCD), Papa John's (PZZA), Starbucks (SBUX), Yum! (YUM, YUMC), Coca-Cola (KO), PepsiCo (PEP), Keurig Dr Pepper (KDP), Domino's Pizza (DPZ), Chipotle Mexican Grill (CMG), Aramark (ARMK), Texas Roadhouse (TXRH)

Asian

ADRs

Alibaba Group (BABA), Baidu (BIDU), Bilibili (BILI), Huazhu Group (HTHT), Momo (MOMO), Sinopec Shanghai (SHI), Sony Group (SONY), Toyota Motor (TM), PetroChina (PTR), Weibo (WB), Taiwan Semiconductor (TSM)

ENTERTAINMENT

Netflix (NFLX), AT&T (T), Walt Disney (DIS), Comcast Corp. (CMCSA), Viacom CBS (VIAC), Discovery (DISCA, DISCB, DISCK), AMC Networks (AMCX), DISH Network (DISH), Nexstar Media (NXST), Fox Corp. (FOX, FOXA), Cable One (CABO)
Internet Content
Facebook (FB), Twitter (TWTR), Snap (SNAP), Pinterest (PINS), Baidu (BIDU), Weibo (WB), Yelp (YELP), Spotify (SPOT), NetEase (NTES), Match Group (MTCH), InterActiveCorp (IAC)

Payments,

transfers

Visa (V), Mastercard (MA), PayPal (PYPL), Square (SQ), Fidelity National (FIS), Euronet (EEFT), Western Union (WU), Global Payments (GPN), Euronet (EEFT), GreenSky (GSKY), Fidelity National (FIS)

RESTAURANTS, BEVERAGES

McDonald's (MCD), Papa John's (PZZA), Starbucks (SBUX), Yum! (YUM, YUMC), Coca-Cola (KO), PepsiCo (PEP), Keurig Dr Pepper (KDP), Domino's Pizza (DPZ), Chipotle Mexican Grill (CMG), Aramark (ARMK), Texas Roadhouse (TXRH)

Asian

ADRs

Alibaba Group (BABA), Baidu (BIDU), Bilibili (BILI), Huazhu Group (HTHT), Momo (MOMO), Sinopec Shanghai (SHI), Sony Group (SONY), Toyota Motor (TM), PetroChina (PTR), Weibo (WB), Taiwan Semiconductor (TSM)

ENTERTAINMENT

Netflix (NFLX), AT&T (T), Walt Disney (DIS), Comcast Corp. (CMCSA), Viacom CBS (VIAC), Discovery (DISCA, DISCB, DISCK), AMC Networks (AMCX), DISH Network (DISH), Nexstar Media (NXST), Fox Corp. (FOX, FOXA), Cable One (CABO)
Routing and best execution
Routing and best execution
Routing and best execution
We combine smart order routing, best execution technology and intelligent workflow to create new trading environment
SPB Exchange is the first stock exchange in Russia to introduce smart routing technology to provide investors with direct access to global stock markets. We are creating a new liquidity landscape that is equally beneficial to all market participants: end clients and brokers. We offer the best prices based on a comprehensive solution that combines in-house matching and smart order routing.
We combine smart order routing, best execution technology and intelligent workflow to create new trading environment
SPB Exchange is the first stock exchange in Russia to introduce smart routing technology to provide investors with direct access to global stock markets. We are creating a new liquidity landscape that is equally beneficial to all market participants: end clients and brokers. We offer the best prices based on a comprehensive solution that combines in-house matching and smart order routing.
We combine smart order routing, best execution technology and intelligent workflow to create new trading environment
SPB Exchange is the first stock exchange in Russia to introduce smart routing technology to provide investors with direct access to global stock markets. We are creating a new liquidity landscape that is equally beneficial to all market participants: end clients and brokers. We offer the best prices based on a comprehensive solution that combines in-house matching and smart order routing.
Liquidity timeframes during the day
FROM 7.00 AM TO 2.30 PM MSK the next day
Liquidity is formed due to the activity of domestic market: market-makers, retail and algorithmic traders. In this time frame SPB exchange is a unique provider of liquidity for the most popular US equities.

FROM 2.30 PM MSK
With the opening of the US premarket, the number of available sources of liquidity increases.

FROM 4.30 PM TO 11.00 PM MSK (9.30 AM TO 4.00 PM EST)
With the opening of US markets unlimited global liquidity becomes available to customers.

FROM 11.00 PM TO 02.00 AM MSK the next day
It is possible to keep trading on SPB Exchange even after the close of trading in the United States. We use the US post-market as an additional source of liquidity.
Large (in terms of price and volume) orders that do not require immediate execution can be placed in the closing auction.
Best execution
Our business model is aimed at providing the best possible conditions and prices for private investors. The use of best execution enables us to compete with the world’s leading exchanges for better prices. During trading sessions on the exchanges where the stocks are originally listed, we use those exchanges as sources of additional liquidity. Trades of U.S. equity securities are made at the best price available at the moment the trade order is placed in all active sources of liquidity.
Smart order routing
Smart routing technology relieves our customers of the need to compare rates in order to get the best prices. Upon order execution our technology automatically compares prices and volumes across all available sources of liquidity at that moment and executes the order at the best price available. All orders on SPB Exchange are executed through the central counterparty.
Central Сounter­party
The central counterparty, Clearing Centre MFB (joint-stock company), a subsidiary of SPB Exchange, is part of the Exchange’s trading and clearing infrastructure. Clearing Centre MFB is the central counterparty for all deals made on SPB Exchange.
HFT trading
High-frequency traders can reach their potential by acting as market makers at SPB Exchange. We look toward mutually beneficial cooperation allowing algorithmic traders to act as liquidity providers. The market infrastructure is furnished with everything required for successful HFT trading.
Liquidity time frames during the day
FROM 7.00 AM TO 2.30 PM MSK the next day
Liquidity is formed due to the activity of domestic market: market-makers, retail and algorithmic traders. In this time frame SPB exchange is a unique provider of liquidity for the most popular US equities.

FROM 2.30 PM MSK
With the opening of the US premarket, the number of available sources of liquidity increases.

FROM 4.30 PM TO 11.00 PM MSK (9.30 AM TO 4.00 PM EST)
With the opening of US markets unlimited global liquidity becomes available to customers.

FROM 11.00 PM TO 02.00 AM MSK the next day
It is possible to keep trading on SPB Exchange even after the close of trading in the United States. We use the US post-market as an additional source of liquidity.
Large (in terms of price and volume) orders that do not require immediate execution can be placed in the closing auction.
Best execution
Our business model is aimed at providing the best possible conditions and prices for private investors. The use of best execution enables us to compete with the world’s leading exchanges for better prices. During trading sessions on the exchanges where the stocks are originally listed, we use those exchanges as sources of additional liquidity. Trades of U.S. equity securities are made at the best price available at the moment the trade order is placed in all active sources of liquidity.
Smart order routing
Smart routing technology relieves our customers of the need to compare rates in order to get the best prices. Upon order execution our technology automatically compares prices and volumes across all available sources of liquidity at that moment and executes the order at the best price available. All orders on SPB Exchange are executed through the central counterparty.
Central Сounter­party
The central counterparty, Clearing Centre MFB (joint-stock company), a subsidiary of SPB Exchange, is part of the Exchange’s trading and clearing infrastructure. Clearing Centre MFB is the central counterparty for all deals made on SPB Exchange.
HFT trading
High-frequency traders can reach their potential by acting as market makers at SPB Exchange. We look toward mutually beneficial cooperation allowing algorithmic traders to act as liquidity providers. The market infrastructure is furnished with everything required for successful HFT trading.
Liquidity time frames during the day
FROM 7.00 AM TO 2.30 PM MSK the next day
Liquidity is formed due to the activity of domestic market: market-makers, retail and algorithmic traders. In this time frame SPB exchange is a unique provider of liquidity for the most popular US equities.

FROM 2.30 PM MSK
With the opening of the US premarket, the number of available sources of liquidity increases.

FROM 4.30 PM TO 11.00 PM MSK (9.30 AM TO 4.00 PM EST)
With the opening of US markets unlimited global liquidity becomes available to customers.

FROM 11.00 PM TO 02.00 AM MSK the next day
It is possible to keep trading on SPB Exchange even after the close of trading in the United States. We use the US post-market as an additional source of liquidity.
Large (in terms of price and volume) orders that do not require immediate execution can be placed in the closing auction.
Best execution
Our business model is aimed at providing the best possible conditions and prices for private investors. The use of best execution enables us to compete with the world’s leading exchanges for better prices. During trading sessions on the exchanges where the stocks are originally listed, we use those exchanges as sources of additional liquidity. Trades of U.S. equity securities are made at the best price available at the moment the trade order is placed in all active sources of liquidity.
Smart order routing
Smart routing technology relieves our customers of the need to compare rates in order to get the best prices. Upon order execution our technology automatically compares prices and volumes across all available sources of liquidity at that moment and executes the order at the best price available. All orders on SPB Exchange are executed through the central counterparty.
Central Сounter­party
The central counterparty, Clearing Centre MFB (joint-stock company), a subsidiary of SPB Exchange, is part of the Exchange’s trading and clearing infrastructure. Clearing Centre MFB is the central counterparty for all deals made on SPB Exchange.
HFT trading
High-frequency traders can reach their potential by acting as market makers at SPB Exchange. We look toward mutually beneficial cooperation allowing algorithmic traders to act as liquidity providers. The market infrastructure is furnished with everything required for successful HFT trading.
Longest trading hours,
see interactive timezone map
19 trading hours 5 days a week
Longest trading hours,
see interactive timezone map
19 trading hours 5 days a week
Longest trading hours,
see interactive timezone map
19 trading hours 5 days a week
We offer new liquidity opportunities in US equities during non-standard trading hours. No matter where your clients are located, in Hong Kong or in Moscow, they will be able to get reliable access to global equities around the world, around the clock.

SPB Exchange provides high liquidity in US and global equities during Nasdaq\NYSE napping hours. We plan to extend trading hours and add trading days in the future.
Services
Our tariff policy implies providing flexible conditions to all participants: buy-sides and brokers
Services
Our tariff policy implies providing flexible conditions to all participants: buy-sides and brokers
Services
Our tariff policy implies providing flexible conditions to all participants: buy-sides and brokers
BROKERAGE
U.S. equity security prices on our platform are the same as those available on the primary listing venue during their main trading hours.
LISTING
Information disclosure on the Exchange's website makes markets more transparent for investors.

SPB Exchange provides access to information on corporate action, including:
  • Distributions (dividends, splits and reverse stock splits);
  • Capital change (M&A deals, spin-offs, etc.);
  • Investor Calendar;
  • Analytic reviews of international markets by market experts.
IT SERVICES
We provide a suite of information products and services based on data and content generated from a variety of public and non-public sources, including trading activity on our platform, our subsidiary BestStocks.ru and our official distributor relationship with Nasdaq.

There are various options and opportunities for:
  • residents and non-residents;
  • individuals and legal entities.
MARKET DATA
As a unique provider of valuable financial content, SPB Exchange provides comprehensive access to a broad range of data. SPB's real-time datafeed for US and European equities is based on data from 4 am GMT, which is well ahead of other venues. Historical data product supports post-trade analysis and back testing strategies with a tick-by-tick record.
INDICES
The exchange offers services for creating indices based on securities listed on the Exchange and on over-the-counter market:
  • Global stocks (USA, Germany, London, Russia)
  • Asian, Indian, European ADRs and GDRs
  • Bonds
  • ETFs
Index development service includes:
  • methodology development;
  • value calculation software;
  • information about the index on the Exchange website (charts and historical data).
BROKERAGE
U.S. equity security prices on our platform are the same as those available on the primary listing venue during their main trading hours.
LISTING
Information disclosure on the Exchange's website makes markets more transparent for investors.

SPB Exchange provides access to information on corporate action, including:
  • Distributions (dividends, splits and reverse stock splits);
  • Capital change (M&A deals, spin-offs, etc.);
  • Investor Calendar;
  • Analytic reviews of international markets by market experts.
IT SERVICES
We provide a suite of information products and services based on data and content generated from a variety of public and non-public sources, including trading activity on our platform, our subsidiary BestStocks.ru and our official distributor relationship with Nasdaq.

There are various options and opportunities for:
  • residents and non-residents;
  • individuals and legal entities.
MARKET DATA
As a unique provider of valuable financial content, SPB Exchange provides comprehensive access to a broad range of data. SPB's real-time datafeed for US and European equities is based on data from 4 am GMT, which is well ahead of other venues. Historical data product supports post-trade analysis and back testing strategies with a tick-by-tick record.
INDICES
The exchange offers services for creating indices based on securities listed on the Exchange and on over-the-counter market:
  • Global stocks (USA, Germany, London, Russia)
  • Asian, Indian, European ADRs and GDRs
  • Bonds
  • ETFs
Index development service includes:
  • methodology development;
  • value calculation software;
  • information about the index on the Exchange website (charts and historical data).
BROKERAGE
U.S. equity security prices on our platform are the same as those available on the primary listing venue during their main trading hours.
LISTING
Information disclosure on the Exchange's website makes markets more transparent for investors.

SPB Exchange provides access to information on corporate action, including:
  • Distributions (dividends, splits and reverse stock splits);
  • Capital change (M&A deals, spin-offs, etc.);
  • Investor Calendar;
  • Analytic reviews of international markets by market experts.
IT SERVICES
We provide a suite of information products and services based on data and content generated from a variety of public and non-public sources, including trading activity on our platform, our subsidiary BestStocks.ru and our official distributor relationship with Nasdaq.We provide a wide range of information services such as data transmission services, collocation, network connections and Internet access services.

There are various options and opportunities for:
  • residents and non-residents;
  • individuals and legal entities.
MARKET DATA
As a unique provider of valuable financial content, SPB Exchange provides comprehensive access to a broad range of data. SPB's real-time datafeed for US and European equities is based on data from 4 am GMT, which is well ahead of other venues. Historical data product supports post-trade analysis and back testing strategies with a tick-by-tick record.
INDICES
The exchange offers services for creating indices based on securities listed on the Exchange and on over-the-counter market:
  • Global stocks (USA, Germany, London, Russia)
  • Asian, Indian, European ADRs and GDRs
  • Bonds
  • ETFs
Index development service includes:
  • methodology development;
  • value calculation software;
  • information about the index on the Exchange website (charts and historical data).
Connection
The largest Russian brokers provide access to the exchange for private, legal and institutional investors
Connection
The largest Russian brokers provide access to the exchange for private, legal and institutional investors
Connection
The largest Russian brokers provide access to the exchange for private, legal and institutional investors
About us
SPB EXCHANGE
About us
SPB EXCHANGE
About us
SPB EXCHANGE
SPB Exchange and its subsidiaries provide a full cycle of support for the exchange infrastructure and market participants. The subsidiaries include: clearing bank providing a range of services for professional market participants; clearing house acting as a central counterparty; OTC market; IT development center; as well as a number of information and analytical services.
SPB Exchange and its subsidiaries provide a full cycle of support for the exchange infrastructure and market participants. The subsidiaries include: clearing bank providing a range of services for professional market participants; clearing house acting as a central counterparty; OTC market; IT development center; as well as a number of information and analytical services.
Milestones
START

November 2014, SPB Exchange implemented a breakthrough project for the Russian financial market. Exchange admitted to trading 55 stocks from the S&P 500 Index.
2014
SMART
ROUTING
August 2016 the launch of smart routing technology. Access to global liquidity has made it possible significantly expand the list of traded securities.
2016
S&P 500
All stocks in the S&P 500 Index were available for trading on our platform and we have also introduced a T+2 settlement cycle to match the cycle of U.S. exchanges.
2017
EXPLOSIVE GROWTH
Brokers as Share-
holders
SPB Exchange transformed its governance structure, where a number of key market participants have become also the shareholders.
2020
MARKET LEADERSHIP
SPB Exchange continued its expansion by broadening the list of traded securities, adding European and US securities in particular.
2021
Milestones
START

November 2014, SPB Exchange implemented a breakthrough project for the Russian financial market. Exchange admitted to trading 55 stocks from the S&P 500 Index.
2014
SMART
ROUTING
August 2016 the launch of smart routing technology. Access to global liquidity has made it possible significantly expand the list of traded securities.
2016
S&P 500
All stocks in the S&P 500 Index were available for trading on our platform and we have also introduced a T+2 settlement cycle to match the cycle of U.S. exchanges.
2017
Brokers as Share-
holders
SPB Exchange transformed its governance structure, where a number of key market participants have become also the shareholders.
2020
MARKET LEADERSHIP
SPB Exchange continued its expansion by broadening the list of traded securities, adding European and US securities in particular.
2021
Milestones
START

November 2014, SPB Exchange implemented a breakthrough project for the Russian financial market. Exchange admitted to trading 55 stocks from the S&P 500 Index.
2014
SMART
ROUTING
August 2016 the launch of smart routing technology. Access to global liquidity has made it possible significantly expand the list of traded securities.
2016
S&P 500
All stocks in the S&P 500 Index were available for trading on our platform and we have also introduced a T+2 settlement cycle to match the cycle of U.S. exchanges.
2017
Brokers as Share-
holders
SPB Exchange transformed its governance structure, where a number of key market participants have become also the shareholders.
2020
MARKET
LEADERSHIP
SPB Exchange continued its expansion by broadening the list of traded securities, adding European and US securities in particular.
2021
Sustainability
Sustainability
Sustainability
Sustainability Priorities
The Paris Climate Agreement, which Russia signed in 2016, laid the ideological and legal foundation for a new global redistribution of capital flows in favor of markets that meet the needs of our time, but without prejudice to future generations. The signing compelled SPB Exchange to further study the topic of ESG. The world’s largest economies - the United States, China, and the European Union, have already declared their commitment to sustainable development goals and have chosen to pursue carbon neutrality by 2050.

SPB Exchange views ESG as a factor that can radically change the outlook and strategies of many companies in Russia and the rest of the world. ESG in Russia is still at an early stage, but support from the Bank of Russia has enabled market participants to form their own attitudes towards sustainable development goals and ESG financial products.

SPB Exchange is committed to enable businesses of various sizes and markets to participate in determining the future of the planet through the creation of the necessary infrastructure and green financial instruments.

In developing ESG objectives, SPB Exchange recognizes issues beyond environmental sustainability. The implementation of social sustainability and governance components are of no less importance. This includes, among other things, our commitment to gender equality, composition of top management, independence of board members and protection of minority shareholder rights. At SPB Exchange, we understand that ESG work never stops, and we are fully committed to achieve more in the future years of operation.
Sustainable platforms for SMEs
We recognize the importance of SMEs for the Russian economy, for its day-to-day operations and its growth potential. SMEs in Russia not only constitute a significant portion as taxpayers (more than 20%) and employers (more than 25%) to the overall economic activity, but more importantly, SMEs are a launchpad for any large and widely recognized business. Yet, SMEs face various hurdles on their path. The most significant and specific of these challenges is the financial gap. SPB Exchange is committed to narrowing the financial gap faced by SMEs. Our platform is open to SMEs from all over Russia. As it is stated in the Listing Rules of SPB Exchange, the Voshod (from the Russian word for “sunrise”) Segment and SME Segment welcome issuers. The Voshod Segment is a platform designed to provide financing to issuers of securities from the Far East – the most remote region of Russia, and the most distant from the formal financial markets and large financial institutions. Meanwhile, the SME Segment provides financing for SMEs from all across Russia.

SPB Exchange welcomes the recent initiative by APKIT (Association of Computer and Information Technology Enterprises) to establish the Council for Attracting Investments and Public Listings of IT companies. The new body aims to help companies in the IT sector, which is currently underrepresented in the public market, take advantage of the market dynamics to raise funds for development through public instruments. SPB Exchange is witnessing growing interest in securities from leading IT companies around the world, and Russian IT companies should take full advantage of this trend with the help of SPB Exchange.
ESG-related Products
SPB Exchange recognizes the importance of addressing the issue of climate change. SPB Exchange is committed to fully compliment the actions of policymakers by supporting the Net Zero 2050 initiative and the investors willing to participate in the financial aspect of the climate change challenge. SPB Exchange is actively engaged in the development and introduction of green finance products on the Russian market.

As part of our most recent initiative to support global efforts to address the climate change challenge, SPB Exchange signed an agreement on July 4, 2021 with Sovcombank — a large Russian private bank included in the list of 12 systemically important Russian banks — to form a segment of green and social bonds on SPB Exchange, to organize trading of low-carbon energy certificates and trading of quotas for greenhouse gas emissions, as well as of certificates confirming the neutralization of greenhouse gas emissions.
Sustain­ability Priorities
The Paris Climate Agreement, which Russia signed in 2016, laid the ideological and legal foundation for a new global redistribution of capital flows in favor of markets that meet the needs of our time, but without prejudice to future generations. The signing compelled SPB Exchange to further study the topic of ESG. The world’s largest economies - the United States, China, and the European Union, have already declared their commitment to sustainable development goals and have chosen to pursue carbon neutrality by 2050.

SPB Exchange views ESG as a factor that can radically change the outlook and strategies of many companies in Russia and the rest of the world. ESG in Russia is still at an early stage, but support from the Bank of Russia has enabled market participants to form their own attitudes towards sustainable development goals and ESG financial products.

SPB Exchange is committed to enable businesses of various sizes and markets to participate in determining the future of the planet through the creation of the necessary infrastructure and green financial instruments.

In developing ESG objectives, SPB Exchange recognizes issues beyond environmental sustainability. The implementation of social sustainability and governance components are of no less importance. This includes, among other things, our commitment to gender equality, composition of top management, independence of board members and protection of minority shareholder rights. At SPB Exchange, we understand that ESG work never stops, and we are fully committed to achieve more in the future years of operation.
Sustain­able platforms for SMEs
We recognize the importance of SMEs for the Russian economy, for its day-to-day operations and its growth potential. SMEs in Russia not only constitute a significant portion as taxpayers (more than 20%) and employers (more than 25%) to the overall economic activity, but more importantly, SMEs are a launchpad for any large and widely recognized business. Yet, SMEs face various hurdles on their path. The most significant and specific of these challenges is the financial gap. SPB Exchange is committed to narrowing the financial gap faced by SMEs. Our platform is open to SMEs from all over Russia. As it is stated in the Listing Rules of SPB Exchange, the Voshod (from the Russian word for “sunrise”) Segment and SME Segment welcome issuers. The Voshod Segment is a platform designed to provide financing to issuers of securities from the Far East – the most remote region of Russia, and the most distant from the formal financial markets and large financial institutions. Meanwhile, the SME Segment provides financing for SMEs from all across Russia.

SPB Exchange welcomes the recent initiative by APKIT (Association of Computer and Information Technology Enterprises) to establish the Council for Attracting Investments and Public Listings of IT companies. The new body aims to help companies in the IT sector, which is currently underrepresented in the public market, take advantage of the market dynamics to raise funds for development through public instruments. SPB Exchange is witnessing growing interest in securities from leading IT companies around the world, and Russian IT companies should take full advantage of this trend with the help of SPB Exchange.
ESG-related Products
SPB Exchange recognizes the importance of addressing the issue of climate change. SPB Exchange is committed to fully compliment the actions of policymakers by supporting the Net Zero 2050 initiative and the investors willing to participate in the financial aspect of the climate change challenge. SPB Exchange is actively engaged in the development and introduction of green finance products on the Russian market.

As part of our most recent initiative to support global efforts to address the climate change challenge, SPB Exchange signed an agreement on July 4, 2021 with Sovcombank — a large Russian private bank included in the list of 12 systemically important Russian banks — to form a segment of green and social bonds on SPB Exchange, to organize trading of low-carbon energy certificates and trading of quotas for greenhouse gas emissions, as well as of certificates confirming the neutralization of greenhouse gas emissions.
Sustain­ability Priorities
The Paris Climate Agreement, which Russia signed in 2016, laid the ideological and legal foundation for a new global redistribution of capital flows in favor of markets that meet the needs of our time, but without prejudice to future generations. The signing compelled SPB Exchange to further study the topic of ESG. The world’s largest economies - the United States, China, and the European Union, have already declared their commitment to sustainable development goals and have chosen to pursue carbon neutrality by 2050.

SPB Exchange views ESG as a factor that can radically change the outlook and strategies of many companies in Russia and the rest of the world. ESG in Russia is still at an early stage, but support from the Bank of Russia has enabled market participants to form their own attitudes towards sustainable development goals and ESG financial products.

SPB Exchange is committed to enable businesses of various sizes and markets to participate in determining the future of the planet through the creation of the necessary infrastructure and green financial instruments.

In developing ESG objectives, SPB Exchange recognizes issues beyond environmental sustainability. The implementation of social sustainability and governance components are of no less importance. This includes, among other things, our commitment to gender equality, composition of top management, independence of board members and protection of minority shareholder rights. At SPB Exchange, we understand that ESG work never stops, and we are fully committed to achieve more in the future years of operation.
Sustainable platforms for SMEs
We recognize the importance of SMEs for the Russian economy, for its day-to-day operations and its growth potential. SMEs in Russia not only constitute a significant portion as taxpayers (more than 20%) and employers (more than 25%) to the overall economic activity, but more importantly, SMEs are a launchpad for any large and widely recognized business. Yet, SMEs face various hurdles on their path. The most significant and specific of these challenges is the financial gap. SPB Exchange is committed to narrowing the financial gap faced by SMEs. Our platform is open to SMEs from all over Russia. As it is stated in the Listing Rules of SPB Exchange, the Voshod (from the Russian word for “sunrise”) Segment and SME Segment welcome issuers. The Voshod Segment is a platform designed to provide financing to issuers of securities from the Far East – the most remote region of Russia, and the most distant from the formal financial markets and large financial institutions. Meanwhile, the SME Segment provides financing for SMEs from all across Russia.

SPB Exchange welcomes the recent initiative by APKIT (Association of Computer and Information Technology Enterprises) to establish the Council for Attracting Investments and Public Listings of IT companies. The new body aims to help companies in the IT sector, which is currently underrepresented in the public market, take advantage of the market dynamics to raise funds for development through public instruments. SPB Exchange is witnessing growing interest in securities from leading IT companies around the world, and Russian IT companies should take full advantage of this trend with the help of SPB Exchange.
ESG-related Products
SPB Exchange recognizes the importance of addressing the issue of climate change. SPB Exchange is committed to fully compliment the actions of policymakers by supporting the Net Zero 2050 initiative and the investors willing to participate in the financial aspect of the climate change challenge. SPB Exchange is actively engaged in the development and introduction of green finance products on the Russian market.

As part of our most recent initiative to support global efforts to address the climate change challenge, SPB Exchange signed an agreement on July 4, 2021 with Sovcombank — a large Russian private bank included in the list of 12 systemically important Russian banks — to form a segment of green and social bonds on SPB Exchange, to organize trading of low-carbon energy certificates and trading of quotas for greenhouse gas emissions, as well as of certificates confirming the neutralization of greenhouse gas emissions.
OUR LEADERS
OUR LEADERS
OUR LEADERS

Jacques Der

Megre­ditchian

Chairman

Former Chairman and one of the founders of RTS Stock Exchange (the first Russian exchange), former Partner, Deputy CEO, Chief Business Officer at Troika Dialog (leading investment bank in Russia)

Jacques Der
Megre­ditchian
Chairman
Former Chairman and one of the founders of RTS Stock Exchange (the first Russian exchange). Former Partner, Deputy CEO, Chief Business Officer at Troika Dialog (leading investment bank in Russia)
bio
Chairman of the Board of Directors of SPB Exchange since 2019. Jacques has earned a reputation in international financial markets thanks to his success in Russia and Europe. He began working in Russia in 1993 as the main country representative of the French bank Crédit Commercial de France (CCF). Jacques was the Deputy Managing Director of Société Générale in Moscow (1996–2000) and held executive positions at the Troika Dialog investment bank, including Commercial Director. He has formerly been a member of the Board of Directors of Moscow Exchange (2011–2015) and of the TCS Group Holding financial group (2014–2021), and he is currently a member of the Board of Directors of СentroCredit Bank.
bio
Chairman of the Board of Directors of SPB Exchange since 2019. Jacques has earned a reputation in international financial markets thanks to his success in Russia and Europe. He began working in Russia in 1993 as the main country representative of the French bank Crédit Commercial de France (CCF). Jacques was the Deputy Managing Director of Société Générale in Moscow (1996–2000) and held executive positions at the Troika Dialog investment bank, including Commercial Director. He has formerly been a member of the Board of Directors of Moscow Exchange (2011–2015) and of the TCS Group Holding financial group (2014–2021), and he is currently a member of the Board of Directors of СentroCredit Bank.

Roman

Goryunov

Actively involved in regulation of the Russian financial market, CEO and one of the founders of RTS Stock Exchange

Roman
Goryunov
Actively involved in regulation of the Russian financial market. CEO and one of the founders of RTS Stock Exchange
bio
Has over 25 years’ experience in executive positions at leading Russian companies in the financial sector. Roman has represented the NP RTS Association, one of SPB Exchange’s key shareholders since 2001, and he has been the President of the Association since 2012. Since 2007, Roman has been a member of the Board of Directors of a number of Russian companies, including Pharmstandard (2008–2015), the Moscow Energy Exchange (2009–2015), the National Association of Stock Market Traders (2008–present) and the National Rating Agency (2017–present). He has been a member of the Board of Directors of SPB Exchange since 2015, and he was the Chairman of the Exchange’s Board of Directors until 2019.
bio
Has over 25 years’ experience in executive positions at leading Russian companies in the financial sector. Roman has represented the NP RTS Association, one of SPB Exchange’s key shareholders since 2001, and he has been the President of the Association since 2012. Since 2007, Roman has been a member of the Board of Directors of a number of Russian companies, including Pharmstandard (2008–2015), the Moscow Energy Exchange (2009–2015), the National Association of Stock Market Traders (2008–present) and the National Rating Agency (2017–present). He has been a member of the Board of Directors of SPB Exchange since 2015, and he was the Chairman of the Exchange’s Board of Directors until 2019.

Eugene

Serdyukov

Since 2012 — CEO of SPB Exchange.

2008–2012 — Head of Derivatives market at RTS Stock Exchange.

Eugene
Serdyukov

Since 2012 — CEO of SPB Exchange.

2008–2012 — Head of Derivatives market at RTS Stock Exchange.

bio
Eugene has been the CEO and Chairman of the Management Board of SPB Exchange since 2012. In the early 2000s, he was involved in the creation of Russia’s futures and options market while working at the St Petersburg Stock Exchange. In 2011, he was the Managing Director for the derivatives market of the MICEX-RTS Exchange (now Moscow Exchange). In 2012–2016, he was Deputy CEO of RTS-Tender, and he has been the Managing Director for Market Development for the NP RTS Association since 2012. From 2015 to 2019, he was a member of the Board of Directors of SPB Exchange. He has been a member of the Board of Directors of the MOEX Clearing Centre since 2020.
bio
Eugene has been the CEO and Chairman of the Management Board of SPB Exchange since 2012. In the early 2000s, he was involved in the creation of Russia’s futures and options market while working at the St Petersburg Stock Exchange. In 2011, he was the Managing Director for the derivatives market of the MICEX-RTS Exchange (now Moscow Exchange). In 2012–2016, he was Deputy CEO of RTS-Tender, and he has been the Managing Director for Market Development for the NP RTS Association since 2012. From 2015 to 2019, he was a member of the Board of Directors of SPB Exchange. He has been a member of the Board of Directors of the MOEX Clearing Centre since 2020.

Pavel

Krupnov

2020–present — Head of Corporate Finance of SPB Exchange Group.

2015–present — CEO of CFG.

2011–2015 — Head of Corporate Finance at Rusgrain Holding.

Pavel
Krupnov

2020–present — Head of Corporate Finance of SPB Exchange Group.

2015–present — CEO of CFG.

2011–2015 — Head of Corporate Finance at Rusgrain Holding.

bio
Pavel Krupnov has served as the Head of Corporate Finance since 2020. Pavel is a CFA Charterholder with over 15 years’ experience in corporate finance and financial markets. From 2011 to 2015 he was the Head of Corporate Finance at Rusgrain Holding. He began his career in the financial sector working in Amsterdam (Kylla Group), Moscow (Neva-Rus investment fund) and London (Discovery Communications).
bio
Pavel Krupnov has served as the Head of Corporate Finance since 2020. Pavel is a CFA Charterholder with over 15 years’ experience in corporate finance and financial markets. From 2011 to 2015 he was the Head of Corporate Finance at Rusgrain Holding. He began his career in the financial sector working in Amsterdam (Kylla Group), Moscow (Neva-Rus investment fund) and London (Discovery Communications).
Contact us
Head office
127006, Moscow,
Dolgorukovskaya str, 38
Contact us
Head office
127006, Moscow,
Dolgorukovskaya str, 38
Contact us
Head office
127006, Moscow,
Dolgorukovskaya str, 38
Copyright © Public Joint-Stock Company SPB Exchange, 2012–2021.

All rights for the information and analytical materials published in this online presentation of Public Joint-Stock Company SPB Exchange are protected in accordance with Russian legislation. The reproduction, distribution or any other use of the information on the website of Public Joint-Stock Company SPB Exchange or parts thereof is permitted only with the prior written consent of Public Joint-Stock Company SPB Exchange.
Copyright © Public Joint-Stock Company SPB Exchange, 2012–2021.

All rights for the information and analytical materials published in this online presentation of Public Joint-Stock Company SPB Exchange are protected in accordance with Russian legislation. The reproduction, distribution or any other use of the information on the website of Public Joint-Stock Company SPB Exchange or parts thereof is permitted only with the prior written consent of Public Joint-Stock Company SPB Exchange.
Copyright © Public Joint-Stock Company SPB Exchange, 2012–2021.

All rights for the information and analytical materials published in this online presentation of Public Joint-Stock Company SPB Exchange are protected in accordance with Russian legislation. The reproduction, distribution or any other use of the information on the website of Public Joint-Stock Company SPB Exchange or parts thereof is permitted only with the prior written consent of Public Joint-Stock Company SPB Exchange.