Moscow Exchange to introduce new swap transactions on its currency market

In order to give impetus to the swaps trading, the Currency Market Committee of Moscow Exchange recommended that the Exchange launches trading in the 9-month and 1-year USD/RUB FX swaps.

It is planned that the swaps with new settlement periods will be introduced in August 2012. Procedure for registration of trades and margin requirements for USD_TOM9M and USDTOM_1Y swaps will be similar to those used for swaps with shorter settlement periods and will be applied for consolidated positions of the FX market participants.

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