The 50000th account was opened by an investor from Kazan. MOEX states that most accounts in June were opened by clients of Sberbank, Otkrytie, Finam, BKS and Aton. Retail clients from 57 companies have opened their IIAs.

NAUFOR estimates that in 5 years, IIAs could be worth over RUB 1 trillion.

According to Russian law, from 1 January 2015, private individuals can open an Individual Investment Account with a broker or asset management company. IIAs are subject to investment tax benefits. Maximum IIA deposit is RUB 400k per annum. The money can be invested in stock market instruments, such as shares, sovereign and corporate bonds, including Eurobonds, stock exchange funds and share investment funds.

Trading infrastructure, Project Group №1