Moscow Exchange (MOEX), the biggest marketplace for currencies and derivatives in Russia and the Commonwealth of Independent States, this morning posted its financial and operating metrics for 2014, with profits and revenues staging a pronounced rise in annual terms. Before taking a look at the overall financial metrics, we should mention the achievements of the…
Read moreWith Russia's markets gaining prominence across the international FX industry, Moscow Exchange's FX volumes increased significantly over September
Read moreRussian 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. -…
Read moreUnclear if and when bill will actually be brought to the Duma An amended bill in Russia effecting FX brokers and dealers, as constituted, would ban all foreign forex brokers from doing business with Russian clients. Only properly regulated Russian brokers will be allowed to operate legally, if and when the bill is actually passed…
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 moreThe new symbol that was announced by Moscow last week part of the effort to internationalize its currency Russian authorities have selected a new symbol for their currency and it happened in a rather unique way. The usual RUB will be substituted by the Cyrillic letter P (which sounds like R) with a small bar…
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.…
Read moreThe Moscow Exchange set yet another new trading record for FX turnover. The Moscow Exchange’s FX market has reported a new daily trading record for FX turnover, as volumes reached reached $29.66 billion (RUB936.88 B) on Thursday. Of this total about 42% was spot and 58% was swap trades. This gives the Moscow Exchange a…
Read moreApparently Forex Club has not given up on the U.S. market.
Read moreSecond Forex-VC deal announced in the past two weeks.
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