Moscow Exchange suspends derivatives market trading

Cause of suspension still unknown, nor when trading might resume.

Moscow Exchange, Russia’s largest securities exchange group, has made a terse announcement that it has suspended all derivatives trading for the time being.

No reason was given, other than the ME stating that the cause of the suspension is being investigated, and that trading resumption time will be announced later.

Moscow Exchange resulted from the 2011 merger of MICEX Group and RTS Group. It ranks among world’s top 20 exchanges by trading volume, and also among the top 10 derivatives exchanges.

Moscow Exchange recently announced a 50% YoY increase in March volumes.

To see the Moscow Exchange press release on the trading suspension click here.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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