OREANDA-NEWS. Effective 8 June 2015 Moscow Exchange will decrease new minimum initial margin requirements on its FX, Equity & Bond and Derivatives markets.

On the FX Market initial margin rates will be reduced from 11% to 9%; on the Equity & Bond Market rates will be reduced from 18% to 15% for the most liquid shares; and for OFZs requirements will be reduced between one and five percentage points. Minimum initial margin requirements will be set at 9% for USD/RUB futures, 10% for RTS Index futures and 10% for MICEX Index futures.

Moscow Exchange is gradually reducing margin rates as the Russian financial market continues to stabilise. The Exchange last reduced margin requirements on 1 April 2015.

Minimum initial margin requirements were increased in December 2014 in response to substantial volatility in the rouble exchange rate and on the Russian securities market.