Vneshprombank Is Market Maker of Precious Metals Market
OREANDA-NEWS. Vneshprombank Ltd. informs that on September 1, 2014 an agreement with OJSC “Moscow Exchange MICEX-RTS” was signed hereupon Vneshprombank became a market maker. The market maker services include prices support, supply, demand and/or trading volume of precious metals in the trading organized by the Exchange. Thus, Vneshprombank has become one of the three banks that are market-makers of the precious metals market.
"This event is another step towards the implementation of the special part of Bank's development strategy, which is associated with the further spread of the range of services, provided to the Russian financial market participants as well, and also with the increase in the trading activity of Vneshprombank as one of the leading universal credit organizations in the country," - said Vladislav Sitnikov, Vice-President of Vneshprombank Ltd.
Validity of the market-maker agreement: from September 01, 2014 till August 31, 2015.
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