The Supervisory Board of Moscow Exchange (MOEX) has announced earlier this week that it has approved a new Group Strategy that covers the five-year period through 2024.
The corporate strategy includes 5 key priorities, two of which relate to areas of responsibility and three that focus on areas of growth.
Highlights include:
- Core Markets penetration and
- Culture of Innovation, Trust and Responsibility.
MOEX will continue to broaden access, expand trading hours, grow the product and service line and provide an offering on par with the best exchange platforms globally.
The exchange will also focus on accelerating business processes, reducing the time to market for new products and services, and increasing the cyber stability of key systems.
Oleg Vyugin, Chairman of Moscow Exchange Supervisory Board, commented:
We believe that the Company’s new strategy is in line with modern technological trends, meets challenges facing Moscow Exchange and takes into account the interests of all stakeholders. For our clients, we will be a reliable infrastructure partner helping to promote their services through new digital market access channels. We will continue to grow shareholder value. And our employees will continue to work in a culture of responsibility and innovation that will contribute to their professional and personal development.
Yury Denisov, Chief Executive Officer of Moscow Exchange, said:
For me, it is a very interesting goal and a great responsibility to begin implementing Moscow Exchange’s new corporate strategy, which my team and I call Strategy 3-2-1: three areas of growth and two areas of responsibility for one mission: to bring trust, efficiency and innovation to the financial markets, helping companies and citizens to achieve tomorrow’s goals. Today the Company is well positioned to meet the objectives that the new strategy sets out.
The official announcement can be seen here.