FX Market of Moscow Exchange Sets New Records
OREANDA-NEWS. A new trading record was set on the Moscow Exchange's FX market.
By the end of the trading day, the FX market turnover reached USD29.66 billion (RUB936.88 billion), out of which RUB393.24 billion and RUB543.64 billion were made due to spot and swap trades respectively. Thus, the Exchange"s FX market hits the four-year high and the third best result ever made by it since being launched in 1992.
During that day 40,407 FX trades were executed reaching an historical high.
In April the 5,000th client was registered at the Moscow Exchange"s FX market. Over 50 banks and brokerages provide now the access to the FX trading to their clients, Russian and foreign legal entities and individuals.
Moreover, on April 15 the Exchange offered some new improvements to the market: introduced new FX instruments, facilitated trading in the Chinese yuan, extended trading hours for the instrument USDRUB (both TOD and overnight swap) and allowed choosing the base rate for OTC trades.
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