Moscow Exchange: Update on trading and clearing system upgrades
OREANDA-NEWS. April 15, 2015. Moscow Exchange announces that planned upgrades to the trading and clearing systems across a number of the Exchange"s markets are scheduled to take effect on 1 June 2015.
Changes include moving anonymous trading in OFZs to the T+1 settlement cycle; a new system for block trading in OFZs; upgrades to the discrete auction mechanism for shares; settlement in USD for foreign shares and depositary receipts; expanded terms for repo with the CCP; new mechanisms for delivering bond futures; and new clearing arrangements on the Equity & Bond Market.
For further information, please contact the Public Relations Department at (495) 363-3232.
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