Overall FX volume at Moscow Exchange during December came to a remarkable 25.6 trillion rubles, up some 31% from November’s very steady 18.7 trillion, with average daily volumes at 1,164.1 billion ruble
Read MoreTag: russian fx
Russia outlaws the word ‘forex’ on all websites and company names except FX dealers
Russia’s newly introduced Forex regulatory law prohibits the use of the word ‘Forex’ in branding and company names by any entity other than Forex dealers
Read MoreGuest Editorial: The colder war
Can FX trading in Russian currency be spurred by broad economic factors in Russia, especially bearing in mind the circumstance that surrounds one of Russia’s main commodities and the industry that produces and refines it: oil. Paul Orford reports.
Read MoreMoscow Exchange ramps up its campaign to take on the big-hitters; adds GBP and HKD
As Russia’s electronic trading ecosystem continues to covet international prominence, Moscow Exchange prepares to add British pound and Hong Kong dollar currencies which can be traded against the ruble on December 1 this year
Read MoreThe demise of another Russian FX broker: ForexInn stops operations
Somewhat abruptly, Russian FX firm ForexInn has ceased its operations, with all of its websites down, and a message to customers displayed within its archive. What will become of client funds?
Read MoreRussia looks toward European and American alignment as IXcellerate datacenter prepares for expansion
Russia gained a step forward in bringing ruble liquidity and trading on its venues to an international audience last year when point to point connectivity took Moscow closer to the financial centers of the world. With a new datacenter expansion, Russia continues to pull forward
Read MoreLeapRate Exclusive: CFH Clearing Focuses on Russian Expansion
CFH Clearing sees the potential of great presence in Russia, going full speed ahead with an investment in resources and infrastructure to double its business in the region.
Read MoreRussia’s Central Bank responding to concerns on fraudulent FX schemes with new rulings
Self-regulatory authority TSRFIN has appealed to the Central Bank of Russia for amendments to rulings on margin FX due to increase of fraudulent activity.
Read More
