Magadan mining companies may join the ranks of the first issuers of Voskhod investment exchange system, according to the report of the Development Fund of the Far East at the end of the Minex Far East conference held in Magadan. Fund for the Development of the Far East, JSC (FDFE) and the Association of Financial Market Participants Non-Profit Partnership for development of the RTS financial market, signed an agreement during the St. Petersburg International Economic Forum to establish a new platform for Russian investors - Voskhod investment system.New online exchange platform with simplified customer identification rules allows creating a market of more risky retail investment in the dynamic companies of the Far East. The project of the Voskhod investment system is actively supported by the governor of the Magadan Region Vladimir Pecheny. He noted that there are a number of companies in the region that are in need of such financial instruments.According to the governor of the Magadan Region, additional services may appear within the project - for example, trade platform for gold nuggets, according to FDFE report. As previously stated CEO FRDV Alexey Chekunkov to RIA Novosti, Voskhod has already placed the physical bonds of one of the smaller banks, which is part of the RTS Group.Moreover, Kolmar Companyhas already applied, which implements projects for the development of coal mining in Yakutia. Full launch of the Voskhodsystemis scheduled for September this year in the Eastern economic forum in Vladivostok.
Source: Uncommercial joint ownership "Trans-regional Association of precious metals producers"