Tag: Russia FX market

May 26, 2014 BY Mike Fox

74% of surveyed traders believe Russian retail Forex brokers should be state regulated

Russian self regulatory organization TSRFIN conducted a research survey titled "Traders on the future of forex in Russia after the introduction of regulation." Some findings from the survery of importance are below: The survey involved more than 1,000 people. - 74% of surveyed traders believe that state regulation is necessary for Russian retail segment of the forex market. -…

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March 28, 2014 BY Andrew Saks-McLeod

Russia's Sperbank CIS to automate FX transactions for commercial clients

Corporate demand among Russian companies wishing to do business overseas has led to Sperbank CIS's imminent launch of corporate FX marketplace via open platform Russian financial market participants are portraying an increasing will to provide institutional trading facilities overseas via connectivity of Moscow's executing venues to global liquidity pools, as well as the national government's…

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March 07, 2014 BY Gerald Segal

Russia FX regulation update – Putin wants Forex license

Original bill to be brought to the Duma spring session, special Forex license to be required. It has been nine months since the first reading of Russia's proposed new Forex law in the Duma, back in June 2013, but it does now seem as if the process is picking up steam. According to Russian self-regulatory…

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February 04, 2014 BY Gerald Segal

Moscow Exchange January volumes mark a seasonal drop by 28%

Year-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…

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January 17, 2014 BY Gerald Segal

Bank of Russia to get new forex oversight structure

Chief 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…

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August 29, 2013 BY Gerald Segal

Moscow Exchange trading volume metrics soar in Q2

FX volumes rose 44% in Q2 at Russia's largest public trading market. Moscow Exchange reported its Q2 financial results and trading volumes, both of which increased nicely. The exchange reported revenues of RUB 6.3 billion ($189 million) in Q2, up 14% from Q1 and 21% from last year's Q2. On the volume side of the…

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May 09, 2013 BY Gerald Segal

Alpari sets (yet another) volume record in April at $245 billion

Four consecutive months of FX volume trading records at Alpari. As first reported by our friends at Forexbrokerz.com.... Global FX broker Alpari has reported its best ever month in April, with total group volumes coming in at $245 billion -- eclipsing Alpari's March volume of $238 billion and February's $237 billion. These stellar results come…

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