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the Shares market, engaged its clients, Glestimon Management Limited (incorporated under the Cyprus law) and CJSC Management Company UNITY TRUST, to perform market maker functions.

2 Italy 2,0 2,2 2,7 2,1 2,1 Cyprus 5,3 5,9 6,6 7,2 6,5 Netherlands 0,

5 Italy 2,0 2,2 2,7 2,7 2,1 Cyprus 5,3 5,9 6,6 7,0 7,2 Netherlands 0,

accounting institutions (Great draft regulation was developed to establish margin re- Britain, Cyprus, and Bulgaria). As an interim result, the quirements for a broker’s