Boston Technologies offers ruble pairs as demand for Russian currency increases

The Russian ruble is rapidly becoming a coveted sovereign currency, with many institutions, exchanges and FX brokers offering ruble pairs.

Such is the interest in the Russian currency that FX trading technology provider Boston Technologies has today announced that its liquidity partners, Boston Prime Ltd and BT Prime Ltd are launching USDRUB (US Dollar /Russian Ruble) and EURRUB (Euro/Russian Ruble) across the entirety of their trading platforms.

The firm, which merged with end-to-end forex (FX) software solutions provider Forexware in July this year, will offer its corporate clients the ability to tap into executable ruble liquidity supplied by global counterparties through its Straight Through Processing (STP) solution. Additionally, end users will be able to trade USDRUB and EURRUB alongside other FX instruments from a single MT4 interface, BT Xware Trader or via FIX API with trading conditions from 0.01 standard lot and 100:1 leverage.

“The Russian Ruble is attractive to many investors and as the market for these currencies continues to grow, we have initiated 24 hour ruble trading for our clients. This new two cross addition demonstrates our commitment to support a broad range of emerging market currencies.” said Natallia Hunik, Vice President of Worldwide Sales at Boston Technologies Group of Companies.

For the full announcement from Boston Technologies, including full trading conditions, click here.

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