May 25, 2015 BY Maria Nikolova
eToro opens Russian office – sources
The investment network plans to spend $3-4 million for marketing its business in Russia this year.
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May 23, 2015 BY Maria Nikolova
Bank of Russia gets request to hike maximum leverage to 1:100
The maximum leverage for FX trading in Russia should be at least 1:100, or two times higher than the level set in the law, CRFIN told the Bank of Russia.
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April 30, 2015 BY Maria Nikolova
Bank of Russia cuts key interest rates to 12.5%
In a widely expected move, the Bank of Russia brought key interest rates to 12.5%, with the decision to come into force on May 5th.
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April 28, 2015 BY Maria Nikolova
Moscow Exchange shareholders agree on RUB 8.82bn in dividends for FY 2014
The shareholders today approved MOEX's annual report for 2014 and voted in favor of RUB 8.82 billion in dividends, to be paid not later than June 16th this year.
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April 26, 2015 BY Andrew Saks-McLeod
Russian court begins to assess appeal on blocking of Bitcoin websites
A local court in the town of Nevyansk in Russia has begun scrutinizing an appeal by Bitcoin proponents, challenging a decision made in January by Russian media authorities to block access to certain Bitcoin websites
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April 23, 2015 BY Maria Nikolova
Bank of Russia addresses warning about high-yield investment programs to... kids
Russia's watchdog takes matters like financial literacy seriously and is seeking to inform the youngest population about risks associated with alternative forms of investment.
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April 11, 2015 BY Maria Nikolova
Is the Russian Ruble rise here to stay?
The Russian Ruble has impressed and puzzled the markets over the past couple of months with its rise against the US dollar and the Euro. Yesterday morning Russian economists and politicians praised the national currency for its continued appreciation against the USD and the EUR – it has been going up for 9 weeks in a…
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April 09, 2015 BY Maria Nikolova
Russians lost RUB 2 billion because of financial pyramids in 2014
Russians said goodbye to approximately RUB 2 billion (USD 38m) of their personal funds last year because of the activities of financial pyramids in the country. The gloomy estimate was unveiled by Sergey Shvetsov, first deputy governor of the Bank of Russia, in an interview with TV channel Russia-24. Mr Shvetsov, who is also known…
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April 06, 2015 BY Maria Nikolova
Most Russians want banks to keep offering retail Forex trading
Russia's public opinion seems to support the Forex law but many think some of its provisions need changes, including leverage restrictions and the rule that prohibits from offering retail Forex trading. These are some of the findings of an online poll conducted by Bankir.Ru, Finarty.Ru and journal “Banks and Business World”, between March 16, 2015,…
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January 30, 2015 BY Maria Nikolova
Alpari remains Russia's retail Forex market leader in 2014
Alpari has emerged as the leader in the Russian retail Forex market in 2014, according to the latest comprehensive study provided by Interfax-CEA. The broker has managed to win the first place amid all retail Forex companies active in the Russian market both in terms of clients and in terms of volumes. According to the…
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