Tag: Moscow Exchange

March 15, 2016 BY Maria Nikolova

Moscow Exchange sees CNY/RUB volumes grow slightly in February 2016

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading currencies, stocks and derivatives, has just published its detailed operating metrics for February 2016. LeapRate has already reported that the monthly Forex volumes at the Exchange rose month-on-month in February 2016, whereas the ADV staged a drop. The data released today…

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March 04, 2016 BY Maria Nikolova

Russia's NSD introduces PVP settlement service

Russia's National Settlement Depository (NSD), part of the Moscow Exchange group of companies, has launched a new service enabling the processing of client cross-currency settlements – payment versus payment (PVP-1). PVP is a cash settlement principle expanding the reliability of settlements and assuming that a participant’s cash transfer in one currency occurs if another participant’s…

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March 02, 2016 BY Maria Nikolova

Moscow Exchange sees 5.8% MoM drop in Forex ADV in February 2016

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian trading venue for currencies, stocks and derivatives, has earlier today reported its monthly volume metrics for February 2016, with the monthly reading for last month being better than in January 2016 but the average daily volumes (ADV) showing a month-on-month drop. This pattern is easily…

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February 16, 2016 BY Maria Nikolova

Moscow Exchange expands OTC derivatives clearing scope to include FX swaps, forwards

Moscow Exchange, also known as Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), announced today that starting from February 15, 2016, the Moscow Exchange Standardised OTC Derivatives Market offers new types of centrally cleared OTC transactions, FX swaps and FX forwards. These are in addition to already available central counterparty (CCP) cleared OTC interest swaps and CCP-cleared on-exchange…

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February 11, 2016 BY Maria Nikolova

Moscow Exchange registers 39.9% MoM drop in CNY/RUB volumes in January

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), saw the traditional decline in monthly trading volumes in January, primarily due to the winter holidays season in Russia. The overall picture was reflected in the detailed Forex volumes metrics for January 2016, which MOEX published today. The data pointed to decreases in monthly trading volumes across…

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February 08, 2016 BY Maria Nikolova

Forex trade body FXPA names new Chair, Vice Chair

The Foreign Exchange Professionals Association (FXPA), a Forex trade body that started its operations in September 2014, has named a new Chair and Vice Chair and has announced new additions to its Board of Directors. The FXPA announces the election of Chip Lowry, Senior Managing Director of State Street Global Markets, as Chair, and Jill…

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February 08, 2016 BY Maria Nikolova

Russia's NSD seals $65M insurance agreement with Ingosstrakh

Russia's National Settlement Depository (NSD), part of Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), have sealed a one-year complex insurance agreement with Ingosstrakh OJSIC. The policy liability limit is set at $65 million for all claims for the duration of the policy. The main re-insurers behind the policy include Lloyd’s syndicates (UK). The policy covers the company’s…

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February 03, 2016 BY Mike Fox

Moscow Exchange registers more than 95 thousand individual investment accounts

Among Moscow Exchange members, Sberbank (25, 670), Finam (23,755) and BCS (15,133) opened the most IIAs, MOEX data shows. Individuals have a choice of 80 companies when looking to open an IIA. Moscow Exchange (MOEX) today announced that as of February 1st, 2016 Russia's largest investment exchange had registered 95,020 individual investment accounts (IIAs) opened by…

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