The union, effective from the start of 2015, will implement non-tariff regulations. The newly formed 'Eurasian Union' will “gradually align” their currency and monetary policies.
Read moreAn outage of just over one hour occurred on the Moscow Exchange derivatives market yesterday. Will confidence be affected? Derivatives trading at Moscow Exchange (MOEX) resumed late yesterday evening after an outage of just over one hour. The Russian venue did not elaborate as to the reason for the disruption, which occurred at 21.43 local…
Read moreAs Russian financial giant Bank Rossiya joins the list of banks on the receiving end of sanctions by US authorities, FX industry professionals debate the potential impact Russia has made tremendous steps over recent months in its quest to become regarded as a region of importance and seek its position among regions with established and…
Read moreFX trading volume for 2013 increased 33% as Moscow Exchange aspires to perform well on the world stage 2013 was an interesting year for those with a vested interest in Russia's financial markets, particularly when considering electronic trading of the nation's sovereign currency, the ruble. Russia has high aspirations for the ruble, with some market…
Read moreYear-on-year growth remains steady, rising FX volatility might be here to stay FX contracts volumes on the Moscow exchange have subsided somewhat from December's impressive showing. Despite being on the lower side when compared to the end of last year, the number overall is pretty strong considering that Russia was celebrating NYE and Christmas during…
Read moreVolumes averaged $131.2B per month in trading volume in 2013. Russian brokerage powerhouse Alpari has revealed its key performance indicators for 2013. It is claiming to be the only company in the country to release internal figures to the public. The latest batch is rather impressive – Alpari Russia has announced in a press conference…
Read moreVice-president of Russian bank brokerage Alfa Forex reveals the keys to success in the retail business Only a day after we covered the record rise of Russian retail forex volumes, LeapRate has spotted a detailed interview with the vice-president of one of the fastest growing retail brokerages in Russia run by a commercial bank. We…
Read moreTotal number of traders rises by one-third, retail banks businesses expand swiftly Russian newspaper Vedomosti has put out an article providing data from a report on the retail forex industry by the Center for Economic Analysis of Russian non-governmental news agency Interfax. According to the article in 2013 there was a total of 400 000…
Read moreChief regulator Serguey Shvetsov is very likely to get a new deputy very soon The Russian central bank has announced its first new appointments within a new regulatory structure that was unveiled last year. The current body responsible for financial markets regulation will be liquidated on the 3rd of March. The man behind the wheel…
Read moreThe new condition is aimed at improving quality of the exchange’s order book The Moscow exchange has issued a press release on its website announcing that a new fee will be introduced on FX trades since January 20th 2014. Every trade that’s worth less than 50 lots will have an additional 25 RUB fee applied.…
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