Moscow Exchange ups tick size for FX instruments


Moscow Exchange is reporting that from May 30, 2016, it is increasing the tick size from RUB 0.0010 to RUB 0.0025 for FX spot instruments on USD/RUB, EUR/RUB, GBP/RUB, BYR/RUB, KZT/RUB and UAH/RUB currency pairs.

The larger tick size was initiated by market participants to facilitate greater liquidity of the Exchange”s order book.

On April 7, the FX Market Committee of the Exchange recommended that the tick size be increased from RUB 0.0010 to RUB 0.0025 for FX spot instruments.

The tick size for other spot instruments and swaps remain unchanged.

For more information see the Moscow Exchange website.

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Moscow Exchange ups tick size for FX instruments

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