BNY Moscow Partnership Bolsters Bid to Attract Investors


The Moscow Exchange (MOEX) is joining with Bank of New York Mellon Corp., the world’s largest custody bank, to ease conversion between Russian stocks and depositary receipts as it changes rules to lure foreigners to domestic equities.

via Pocket http://www.bloomberg.com/news/2013-06-18/bny-moscow-partnership-bolsters-bid-to-attract-investors.html June 20, 2013 at 07:10PM

Moscow Exchange seeks to ramp up derivatives offering


Moscow Exchange seeks to ramp up derivatives offering

http://www.efinancialnews.com/story/2013-06-20/moscow-exchange-seeks-to-ramp-up-derivatives-offering?omref=email_TradingTechnology

The Moscow Exchange will add futures based on popular German stocks to its market, as part of its plans to further develop a derivatives offering for both retail and institutional investors.

Moscow Exchange seeks to ramp up derivatives offering

The Moscow Exchange has partnered with Deutsche Börse-owned derivatives market Eurex to offer futures based on the stocks of Deutsche Bank, Siemens, BMW, Volkswagen and Daimler from September.

Speaking to Financial News, Roman Sulzhyk, head of futures and options market at Moscow Exchange, said: “These new futures will offer Russian retail investors with new products to invest in and are the first step in our cooperation with Deutsche Börse. We plan to look at the portfolio of products offered by both exchanges to see where we can further extend our partnership.”

Deutsche Börse signed a letter of intent with Moscow Exchange in November 2012, which established a strategic partnership between the two bourses. The exchanges have previously said they will look to cooperate on infrastructure, product development, regulations and post trade services.

The new derivatives are short-dated products that Sulzhyk said would allow retail investors to take short-term bets on the future stock price of the five German stocks. He added that Eurex and Moscow Exchange deliberately started with products that would not lead to a shift of liquidity from Germany to Russia.

 

Sulzhyk also said the Moscow Exchange was actively working with regulators to help encourage the use of derivatives among institutional investors.

“We are working hard to make it easier for large Russian funds to trade derivatives. There aren’t many Russian funds with derivatives in their portfolio because of unclear regulation. Institutional investors want access to liquid, longer-dated derivatives that will help them to hedge against portfolio risk,” he said.

The Russian exchange already lists futures based on the main indices of Brazil, India, Hong Kong and South Africa as part of an initiative known as the Brics Exchange Alliance that was launched last June.

The Moscow Exchange was formed in December 2011 from a merger of Russia’s two main domestic exchanges RTS and Micex as part of the Russian government’s plan to transform Moscow into an international financial centre. Since the deal was completed, the exchange has taken steps to encourage overseas firms to trade on its market, including major changes to post trade processes.

 

— write to anish.puaar@dowjones.com and follow on Twitter @anishpuaar

 

Moscow Exchange: New List Of Securities For Calculation Of The Zero-Coupon Yield Curve In Government Bonds Takes Effect


Effective June 17, 2013 a new constituent list of the zero-coupon yield curve for Government bonds will take effect. The new list includes 21 Russian Federation government bonds (OFZ).

via Pocket http://www.mondovisione.com/media-and-resources/news/moscow-exchange-new-list-of-securities-for-calculation-of-the-zero-coupon-yield/ June 17, 2013 at 04:09PM

Migration Of SPECTRA To M1 Data Center


As part of technology infrastructure development strategy, the Moscow Exchange has planned to migrate SPECTRA platform to the M1 data center (125 Varshavskoe shosse, Moscow) which plays the role of the main Moscow Exchange data center. The migration should be completed by Q3 2013.

via Pocket http://www.mondovisione.com/media-and-resources/news/migration-of-spectra-to-m1-data-center/ May 15, 2013 at 07:29PM

Russia’s Main Exchange Plans To Develop Gold Bullion Market -CEO


Russia’s main exchange operator aims to harness the country’s resource riches as the company bids for a position among the global exchange elite, according to its chief executive.

via Pocket http://www.foxbusiness.com/news/2013/04/19/russia-main-exchange-plans-to-develop-gold-bullion-market-ceo/ April 19, 2013 at 06:35PM

OTC Clearing and Regulations

My views on OTCs and Regulations

Knowledge Problem

Commentary on Economics, Information and Human Action

northoceanscm

4 out of 5 dentists recommend this WordPress.com site

Aditya Ladia's Blog

Forex, Investment and Finance

Soltis Consulting, Inc.

Business Concepts, Ideas, and Information

intradaynifty

An Endeavor To Explore The Uncertanity

All About Cyber Security and Financial Technology and Beyond

The Future of FinTech and Cybersecurity are Interlocked: Creating the Secure Future of Financial Technology Today

symphony

Read about latest trends in Algo Trading in India or visit our website symphonyfintech.com

Trading Smarter

Thought Leadership, Insight and Product Information from TradingScreen

Tales from a Trading Desk

Noise from an Investment Bank

NPA Computers

Bringing you info about the latest on Internet Technology

duanetilden

An online journal of International Energy Trends, Green Building, Sustainability and Climate, A&E, Data, Security, CryptoCurrency and Social Media

Trade News in Brief

International Economic Affairs & Relations / Regional & International Organizations / Global Commerce & Business

SingleDealerPlatforms.Org

The Single Dealer Platform Community

Carl A R Weir's Blog

A Cross Asset Connectivity and Finance WordPress.com site

%d bloggers like this: