Tag: MOEX

July 14, 2016 BY Valentina Kirilova

Central Bank of Russia has officially acknowledged quality of MOEx USD/RUB FX Fixing

The Central Bank of Russia (CBR) has officially recognised Moscow Exchange's USD/RUB FX Fixing and Moscow Exchange's operational performance as fixing administrator as being of satisfactory quality. The CBR also the fixing`s compliance with the Bank`s requirements, which are based on the International Organization of Securities Commissions (IOSCO) principles for financial benchmarks. In March 2016,…

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July 06, 2016 BY Mike Fox

CME set to replace Ruble reference rate to Moscow Exchange

CME Group (CME) is set to use the official Moscow Exchange (MOEX) reference rate for Russian ruble contracts come Sunday July 17th. Since 1998 after spot auction currency trading at the Moscow Interbank Currency Exchange (MICEX) was suspended, the Chicago Mercantile Exchange and EMTA (Emerging Market Traders Association) began publishing a Ruble/Dollar exchange rate. CME and EMTA established…

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June 02, 2016 BY Mike Fox

Moscow Exchange Forex volumes fall 11% MoM in May

Moscow Exchange (MOEX) announced today trading volumes for May 2016. Total trading volumes on the exchange increased by 33.5% YoY to RUB 58.1 trln. The Derivatives Market and Money Market posted the strongest growth, with volumes increasing 76.1% and 57.9% YoY, respectively. Trading volumes increased by 14.1% YoY on the FX Market, 5.2% YOY on the Equity…

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May 17, 2016 BY Maria Nikolova

MOEX makes new risk transfer functionality between Derivatives and FX markets available for testing

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading shares, FX and derivatives, today announces that a new risk transfer functionality between Derivatives and FX markets is available for testing. The planned date for the production release is June 27, 2016. Risk transfer between Derivatives and FX markets: In SPECTRA…

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May 17, 2016 BY Maria Nikolova

Moscow Exchange sees 9% Q/Q drop in net profit in Q1 2016

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading currencies, stock and derivatives, has earlier today published its financial report for the first three months of 2016, with profits down in both quarterly and annual terms. MOEX posted net profit for the first quarter of 2016 of RUB 6.98 billion,…

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May 11, 2016 BY Maria Nikolova

Russia's NSD announces successful conducting of first PVP settlements

A follow-up to LeapRate's earlier report about Russia’s National Settlement Depository (NSD), part of the Moscow Exchange group of companies, launching a new service enabling the processing of client cross-currency settlements – payment versus payment (PVP-1)... NSD announced on Tuesday that the first PVP-1 settlements were successfully conducted by JSCB Derzhava PJSC and PJSC JSCB Metallinvestbank…

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April 28, 2016 BY Maria Nikolova

Russia's NSD tests blockchain-based e-proxy voting prototype

While the Bank of Russia is still exploring the pros and cons of blockchain, the distributed ledger technologies have won support from the National Settlement Depository (NSD), part of the Moscow Exchange group of companies. NSD announces today that it has successfully finished developing and testing an e-proxy voting system running on a distributed ledger (blockchain…

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