Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading currencies, stock and derivatives, today announced that it has entered into an agreement with Russian-Chinese investment group Caderus Capital.
The collaboration seeks to develop MOEX’s ties with the investment community in China and to attract Chinese investors and issuers to the Russian market.
Igor Marich, Managing Director at Moscow Exchange, said:
“Moscow Exchange has a long-standing and successful yuan and yuan futures trading programme, and this year we expect to see the first placements of yuan-denominated debt securities from Russian issuers. Expanding our relationships with participants of China’s financial markets and attracting them to Moscow Exchange is one of our key areas of development. Working with Caderus Capital, which specialises in China”s financial markets and Russian-Chinese investment cooperation, will help us to achieve our goals more rapidly.”
Andrei Akopian, Managing Partner of Caderus Capital, said:
“I am delighted that we will be able to use our knowledge, experience and contacts in the Chinese financial community to create new opportunities for investors and issuers, and to strengthen bilateral relations between the two countries.”
Caderus Capital is a Russian-Chinese investment company offering investment banking and consulting services to companies and institutional and private investors in Russia and China.
You can view the official announcement from MOEX on the collaboration by clicking here.