Moscow Exchange postpones platform upgrade, introduces service for balancing risk between FX and other asset classes

Prominent Russian electronic trading venue Moscow Exchange has today announced that it will be instigating its service for risk balancing between the derivatives and FX markets with availability from 10 March due to the FX market trading & clearing system adjustment.

Without providing further information on the matter, Moscow Exchange has stated its apologies for any inconvenience caused by this measure.

At the same time, Moscow Exchange has rescheduled the planned release of a new version of the SPECTRA trading platform due to additional checks required to implement the functionality. The new release date will be announced in due course.

Therefore, all quarterly options and USD/RUB and EUR/RUB futures contracts with the expiry date in March 2015, will be exercised according to the standard procedure, i.e. without any changes announced in February, applied.

The exchange requests that it should be noted that that user beta testing planned for 7 March this year, has been cancelled due to the release postponement.

The official announcement can be viewed by clicking here.

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