... outcome of the offering. Trading commencement and post-distribution. After distribution, the issuance of new shares to the register is organized, and they begin trading on the exchange. From this point, the papers start trading freely. For large SPOs, price stabilization mechanisms may be introduced. In international transactions, the "green shoe" (an underwriter's option to sell more shares) is common, but in Russia, such an instrument is rarely used. Nevertheless, underwriters may temporarily support the price ...

... that the Saint Petersburg International Commodity and Raw Materials Exchange (SPIMEX) accounts for no more than 15% of wholesale fuel sales. By controlling price growth here, oil companies ensure the payment of subsidies from the budget through the price damping mechanism (for wholesale fuel supplies to the domestic market at low prices), but incur no significant costs because 85% of the fuel is sold outside the exchange. Overall, the strategy of oil companies is rational: controlling exchange prices while raising ...

... prove significant, the "St. Petersburg" gold price may become a reference point alongside the traditional London fix. For Russian gold mining companies, the opening of this platform means expanded opportunities for selling products at market prices, bypassing Western intermediaries. Investors will benefit from a more transparent mechanism for investing in physical gold within the country. Below are the key benefits that the development of the new gold exchange may provide: Reduced Spreads: The exchange format of trading helps diminish the gap between buying and selling prices ...

... (10-12%), he predicts. According to energy expert Kirill Rodionov, the complete ban on exports will stabilize retail gasoline prices in the coming month, bringing them back within the inflationary range. Rodionov agrees that the sector requires new mechanisms to stabilize prices. The simplest solution would be to increase the mandatory volumes of exchange sales of fuel from the current 15% for gasoline and 16% for diesel to 33% and 50%, respectively, at least for those refineries located in the European part of Russia....

Sergey Tereshkin's Opinion on a Fairer System of Damper Payments for Oil Product Manufacturers (RBC Companies). Sergey Tereshkin's article addresses issues related to improving the efficiency of the damper mechanism for the oil industry. He examines problems associated with using European market quotations for calculating subsidies, despite the embargo and export restrictions. The author suggests tying payments to domestic fuel prices, which would allow for a more accurate reflection of the current economic situation and eliminate uncertainties in industry regulation. The article also touches on pressing issues of subsidies and government regulation. It has already been almost ...