Moscow Exchange to streamline Equity Market liquidity support program

Moscow Exchange is making changes to the liquidity support program for its Equity Market from 1 February 2016 to incentivize market makers and attract new participants.

The Exchange will remove the minimum average daily volume that market makers are required to quote to be eligible for remuneration. This will apply to all stocks in the program.

The five most liquid stocks will be excluded from the program to boost less liquid securities. Following this, program will cover 35 stocks. Increasing factors will be used for the program"s stocks to calculate remunerations.

The market making program was created and is improved on a rolling basis with active involvement of market participants. 

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