20.08.2012 19:14
Moscow Exchange launched new long-term swaps
On August 20, 2012 the Moscow Exchange FX market started trading in the USD/RUB FX swap with settlement of the second part in 9 months and 1 year (9M and 1Y).
In addition, trading members was offered an opportunity to execute off-order book (direct) trades in the forward contract (USDRUB_LTV) with settlement in up to 365 days to manage their swap positions.
The launch opened up new vistas for banks and their clients to hedge against long-term currency and interest rate risks.
For further information, please contact the Public Relations Department at (495) 363-3232.
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