05.02.2015 16:59

Moscow Exchange closing auction prices to be used in FTSE index calculations

Moscow Exchange is pleased to announce that FTSE will use MOEX's closing auction prices for listed Russian securities when calculating end-of-day values for its indexes. The new methodology will come into effect from 13 April.

This is an important change that will benefit market participants by generating greater liquidity both during the closing auction and in continuous trading sessions.

MOEX introduced its closing auction in September 2013 to increase liquidity for market participants as part of the Exchange's ongoing programme to bring Russia"s market infrastructure in line with global best practice.

FTSE will continue to use the last traded price as the closing value for Russian securities listed on MOEX until 10 April.

For further information, please contact the Public Relations Department at (495) 363-3232.

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