On June, 24th, 2009 in Moscow at Institute of modern development (street Delegate, 7, 1) the international conference "the Russian derivatives market " will take place . Organizers of conference - National association of the securities market participants, National exchange association and Association of the Russian banks.

At Conference the instant situation of the derivatives market in the Russian Federation will be discussed, also a structure Russian derivatives tools in the Moscow and London markets, practice of carrying out of operations, problems of development of the legislation, regulation and supervision, book keeping and taxation, and also a way and prospect of the further development of the derivatives market in Russia will be considered.

The focal point of conference will become the General agreement on derivatives transactions in the off-exchange financial markets, developed by initiative of NEA, NAUFOR and ARB with support of bank community.

Heads of Bank of Russia, FFMS, deputies of the State Duma of the Russian Federation, representatives of the International Association of Swaps and Derivatives (ISDA), the European Bank of Reconstruction and Development (EБРР), experts of the Russian and foreign commercial banks, stock exchanges, broker companies, the financial companies will take part in Conference work. (see the conference Program).

The conference will begin at 10:00. Participation in conference the free of charge. On all organizational questions and concerning accreditation apply to Executive management of NVA by phone (495) 705 96 75 or by e-mail borzunova@micex.com or bubareva@micex.com.

THE CONFERENCE PROGRAM
9:30 - registration, salutatory coffee Part 1. (A moderator Jorge Bongarts)
10:00-10:15 Jorge Bongarts, the Chairman of Board of Company "Deutsche bank", Maslennikov N, the Senior expert, the Adviser of Management for social and economic problems of development, INSOR, Timofeev A, the Execuive Chairman of Board of NAUFOR - keynote speech
10:15-10:30 Milovidov V, Head of FFMS
10:30-10:40 Shvetsov S, the Member of board of directors of the Central Bank of the Russian Federation
10:40-10:50 Medvedev P, the Committee-man of the State Duma of the Russian Federation on the credit organizations and the financial markets.
10:50-11:00 Peter Werner, ISDA Policy Director, London
11:00-11:10 Avramov S, "BNP Paribas", Member of the board, councilor NVA
11:10-11:20 Manfred Schepers, EBRD Vice-President,
11:20-11:30 Marich I,. Vice-president of MICEX
11:30-11:40 Gorjunov R, the Executive Chairman of Board of RTS
11:40-11:50 Kormosh J. I, Vice-president ARB

(Questions-answers)
12:00-12:30 COFFEE-BREAK
Part 2. (moderator Avramov S.)
12:30-12:40 Piskulov D, the Senior adviser ICAP, councilor NBA, the Chairman of Committee NBA on professionalism, ethics and education.
12:40-13:00 Hrenov Vladimir, Ljajlja Vildanova, Freshfilds
13:00-13:10 Ljubomudrov Maxim, Deloitte, the Partner, consultant in Department of the taxation and the right.
13:10-13:20 Murzin V, Ernst and Young, the Chairman of incorporated committee NBA-NFA on the taxation.
13:20-13:30 Muravlev A, Bank VTB, the Deputy chief of department of operations with derivative tools Treasury.
13:30-13:40 Golikov A, the member of board of the SberBank of the Russian Federation, the Director of Treasury.
13:40-13:50 Daniel Corrigan, ING Eurasia, the Chief of Department of development of business "Development of the ruble overnight indexes of swaps in the Russian market"
13:50-14.00 Romanchuk S.A., President ACI Russia, Open Society AKB "Metallinvestbank"
14.00-14:10 Alekseev M. Joint-Stock Company "UniCredit Bank", the Chairman of Board of directors.

(Questions-answers)

Buffet table