On the March 26 the General Director of CJSC "Far Eastern Fish Exchange" Lelyukhin Sergey Yegorovich participated in the activity of the expert council of FA

On the March 26, as a part of the Expert Council of the Federal Antimonopoly Service Sergey Egorovich Lelyukhin highlighted the issue of developing the electronic commerce by aquatic bioresources, he presented exchange trade of aquatic bioresources, the auction sale of the FBG, and the work and objectives of the Far Eastern fish Exchange, which was established on February 19, 2014, on the initiative of ARPPRKO individual members.

In May 2014, with the direct participation of CJSC "Far Eastern fish Exchange", based on CJSC «the Exchange «Saint Petersburg», was open the exchange platform for electronic trading of aquatic bioresources and their products, that are produced by enterprises of the Far East. The project was supported by the Federal Fisheries Agency (ref. Number AP-1758 / U09 of 03/28/2014).

Sergey Yegorovich explained that the company is engaged in developing mechanisms of exchange trade, escalating customer base and expanding the list of exchange instruments for now.

He also spoke about the principles and benefits of exchange trading, such as:

Guarantee of the complete fulfillment of trade contracts. Only by carrying out trades with the assistance of a clearing organization CJSC "RDK"

Regulation of prices, according to its market price. This will help to avoid situations when by the time of concluding the contract, the price was much lower or higher than at the time of actual sale and delivery.

The possibility of obtaining an additional benefit - the variation margin.

The presence of well-established permanent collection. It prevents non-normalized collection by sales agents or dealers of raw materials

The ability to trade with organizations and companies that operate according to the Federal Law №223-FZ.

No claim of tax authorities to pricing of products sold on the stock exchange

All exchange and auction transactions are made in the program TradEX (trader exchange) – it is a modern high-tech trading system developed by the Stock Exchange "Saint Petersburg", which provides an opportunity for participants to trade in real-time on the stock exchange markets.

Sergei Yegorovich paid special attention to auction trading of aquatic bioresources, because auction platform can be an additional sales channel, but the mechanism needs to be improved.

Since March 4 in the Federal Fisheries Agency was held an interagency meeting related to the issue of the creation of auction sites to implement the aquatic biological resources in the internal and external markets, where the Vasily Sokolov, the Deputy of the Federal Fisheries Agency, said that the advantage of e-commerce is reducing the chain of intermediaries, because at this time a large number of resellers has a negative impact on pricing.

"Establishing of a mechanism of direct access buyer-seller by e-exchange platform we consider to be quite interesting, and it can and should be useful for the industry."

With the successful realization of the project of auction trade of aquatic bioresources, we will be able to bypass a scheme of the sale, when the fishermen pay interest rate for an advance delivery contract. It has positive impact on the financial condition of fishing firms

Sergey Yegorovich said that the first auction of aquatic bioresources will be held on in the beginning of May 2015 as electronic trading on the EP JSC "Exchange "Saint Petersburg". The auction will be held with the assistance of JSC "Far Eastern fish Exchange." The first seller - LLC "Koryakmoreprodukt."

"Koryakmoreprodukt" deals with the fishery of bottom-edible species of fish: flounder, cod, saffron cod, pollock and salmon. The products are sold both in the internal and Chinese, South Korean, Kazakh and American markets.

The goods of the first auction will be in conjunction 7 lots - a pollock, frozen Pollock caviar, 1st grade yastik caviar, frozen salmon caviar (chum), also the contract for the delivery of chum, with the term of execution on September 1st.