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Screenshot of a breaking news alert e-mail from Q2 2017
Russian electronic trading marketplace Moscow Exchange has today announced that it will amend its margin ratio with effect from October 31 this year, effective across three major currencies, namely the US dollar, Chinese yuan, and euro.
According to Moscow Exchange, the revision was made as a result of a decision by Russia’s National Clearing Center (NCC), itself a subsidiary of Moscow Exchange.
NCC performs the role of central counterparty under all trades executed at Moscow Exchange FX Market and Precious Metals Market. NCC also performs clearing with partial collateral and clearing with full collateral.
Please refer to the table below for full detail of the new margin criteria.