Moscow Exchange has launched a new deliverable USD/RUB FX futures contract on Monday July 18, 2016. Participants executed 65 trades totaling RUB 415.7 million on the first trading day of the new product. The contract lot is 100,000 currency units and the tick size is RUB 0.01. The contracts will expire on fixed days of…
Read moreThe Central Bank of Russia (CBR) has officially recognised Moscow Exchange's USD/RUB FX Fixing and Moscow Exchange's operational performance as fixing administrator as being of satisfactory quality. The CBR also the fixing`s compliance with the Bank`s requirements, which are based on the International Organization of Securities Commissions (IOSCO) principles for financial benchmarks. In March 2016,…
Read moreThis Saturday (July 9, 2016) the first public test of the MOEX migration to the new backup data center Dataspace will be held. The purpose of this test is to verify client connectivity through the Dataspace infrastructure and to start parallel production use of gateway servers in the new data center. The final migration test,…
Read moreCME Group (CME) is set to use the official Moscow Exchange (MOEX) reference rate for Russian ruble contracts come Sunday July 17th. Since 1998 after spot auction currency trading at the Moscow Interbank Currency Exchange (MICEX) was suspended, the Chicago Mercantile Exchange and EMTA (Emerging Market Traders Association) began publishing a Ruble/Dollar exchange rate. CME and EMTA established…
Read moreMoscow Exchange (MOEX) announced today trading volumes for May 2016. Total trading volumes on the exchange increased by 33.5% YoY to RUB 58.1 trln. The Derivatives Market and Money Market posted the strongest growth, with volumes increasing 76.1% and 57.9% YoY, respectively. Trading volumes increased by 14.1% YoY on the FX Market, 5.2% YOY on the Equity…
Read moreMoscow Exchange announces the next release of the MOEX FX market trading and clearing system is scheduled to go live on 30 May 2016. Besides the implementation of market projects the new version of the system has undergone significant architectural changes. These changes improve the system performance and represent the significant step in the development…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading shares, FX and derivatives, today announces that a new risk transfer functionality between Derivatives and FX markets is available for testing. The planned date for the production release is June 27, 2016. Risk transfer between Derivatives and FX markets: In SPECTRA…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading currencies, stock and derivatives, has earlier today published its financial report for the first three months of 2016, with profits down in both quarterly and annual terms. MOEX posted net profit for the first quarter of 2016 of RUB 6.98 billion,…
Read moreA follow-up to LeapRate's earlier report about Russia’s National Settlement Depository (NSD), part of the Moscow Exchange group of companies, launching a new service enabling the processing of client cross-currency settlements – payment versus payment (PVP-1)... NSD announced on Tuesday that the first PVP-1 settlements were successfully conducted by JSCB Derzhava PJSC and PJSC JSCB Metallinvestbank…
Read moreWhile the Bank of Russia is still exploring the pros and cons of blockchain, the distributed ledger technologies have won support from the National Settlement Depository (NSD), part of the Moscow Exchange group of companies. NSD announces today that it has successfully finished developing and testing an e-proxy voting system running on a distributed ledger (blockchain…
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