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,…
Read moreBank of Russia, the regulator of all of Russia's financial markets, today issued an announcement, in which it states it is not willing to stop being a shareholder in the country's two biggest trading venues: OJSC Moscow Exchange MICEX-RTS (OJSC Moscow Exchange) and CJSC Saint Petersburg Currency Exchange (CJSC SPCEX). It is not by chance…
Read moreOn a day in which Russia's ruble is the subject of low liquidity resulting in suspensions in trading and reductions in leverage, the Russian State Duma introduces the long awaited FX law, providing for a full regulatory structure.
Read moreRussia's self regulatory authority has today issued warnings to potential investors regarding what it considers to be a nefarious scheme, further demonstrating the Russian Duma's intent to compete on the world stage of electronic trading
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