OREANDA-NEWS. July 02, 2012. The Moscow Exchange Currency Market Committee held a meeting. By the end of the meeting the participants recommended that the Exchange managers introduce the evening trading session from 7.00pm to 11.50pm MSK on the FX market.  It is assumed that during the evening session the currency pairs (USD/RUB, EUR/RUB and EUR/USD) with settlement on T+1 as well as forwards and swaps will be traded.

In addition, the Committee members approved introduction of the additional fee for excess orders on the FX market, change of the procedure for managing the Risk Coverage Fund of the FX market in order to bring it into compliance with the provisions of the Clearing Law, and launch of the 9-month and 1-year FX swaps.