August 24, 2020 BY Valentina Kirilova
MOEX launches FX stocks trading, admits 20 stocks from the S&P 500 Index
MOEX expects the list of stocks to be expanded to 50 names in 4Q 2020. The exchange will add more new instruments in future. Foreign stocks will be traded and settled in RUB within MOEX’s infrastructure. Dividends will be set in the currency of the issuer, i.e. in USD for U.S. securities. Foreign stocks will be settled…
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