The Rector Cup MGSU “Our Heritage” will be held on 8-11th November at the Moscow State Civil Engineering University.
The tournament will be played over 11 rounds of Swiss system, with time control of 15 minutes per game plus 10 seconds per move.
The reigning Russian champion Dmitry Andreikin, the 2010 European and Russian champion Ian Nepomniachtchi and 2011 European champion Vladimir Potkin have confirmed participation.
The tournament is registered as a stage of the Russian Cup in rapid chess – Rapid Grand Prix of Russia in 2012.
Initially it was planned to have the prize fund of at least 1 million RUB, but this is finally reduced to 700,000 RUB (approx 17,400 EUR). The winner will earn 2500 EUR, while the top female player will receive 750 EUR. There will also be special prizes for the juniors and veterans.