Moscow Exchange Extends Price Band for TODTOM Swap Trades
OREANDA-NEWS. August 24, 2012. Moscow Exchange has established increased Price band for executing swap trades on its FX market.
The move was made in response for a request of the FX market professional participants providing an access to trading on the Exchange to their clients. In accordance with the Methodology for determination of the FX market"s risk parameters the Exchange changed values of the Upper and Lower limits of the Price band. From 15 August the new values of the price limits for the USD_TODTOM and EUR_TODTOM swaps trades will be as follows:
Upper limit (SprcH): +0.20
Lower limit (SprcL) : -0.20.
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