OREANDA-NEWS. December 27, 2012. Veles Capital Investment Company had joined Moscow Exchange FX Market Trading participants.

“The direct access to the FX Market is a very important event that will give the opportunity to build more transparent trading infrastructure, to manage efficiently the company’s liquidity as well as to save costs for clients in trading operations”, - said Eugeniy Shilenkov, Veles Capital’s head of active market operations department.

“We also have plans to widen the range of the available instruments of market access to give our clients the opportunity to trade by phone as also via internet, - added Eugeniy Shilenkov. He also said that including of the non-credit organizations to the FX Market trading participants will have positive impact on trading infrastructure development as well as investment activity.

The full-fledged client access was launched on the Moscow Exchange in February 2012. As of today 11 non-credit organizations that are licensed professional market participants benefit from the direct access to the Exchange FX Market. According to the Moscow Exchange data, the total trading volume on the FX market for 2012 11 months exceeded USD 3, 4 trillion, up 37% versus last year. The trading is available with US dollar, Euro, Ukraine’s hryvna, Kazakh tenge, Belorussia’s ruble, China’s yuan as well as with currency swaps.

Veles Capital Investment Company has been operated on the Russian financial market since 1995 and is rated amongst TOP-10 of the Russian financial companies on total securities trading volume (USD 90 billion in 2012 H1). Veles Capital is one of the only few Russian investment companies rated by international rating agency (Standard&Poor’s; B/B/ruA-, stable forecast). The company also has individual rating of Russian National Rating agency AA+ (very high reliability, first level).

Veles Capital group includes companies operating on Russian, Ukrainian and European financial markets with projects in private equity, corporate finance and real estate investments.