Moscow Exchange launches trading of GBP and HKD

On 1 December 2014, Moscow Exchange will start trading of two new currency pairs, GBP/RUB and HKD/RUB, with today and tomorrow settlement and as overnight swaps. Like other currency pairs available on Moscow Exchange, the new pairs will trade from 10:00 am to 11:50 pm MSK.

Moscow Exchange Money Market Managing Director Igor Marich commented:

"We are pushing ahead with the development of exchange technologies and expanding our product offerings by launching new currency pairs. The HKD/RUB pair we are offering in response to intense interest in Asian currencies from brokers and their clients. Client demand has also driven the introduction of GBP trading. With both pairs, we aim to offer our clients conversion transactions at the best prices available on the market."