Moscow Exchange offers Sponsored Market Access on Derivatives Market

Moscow Exchange launched Sponsored Market Access (SMA) to its Derivatives Market to international and Russian clients of MOEX market participants.

The SMA technology allows direct access to trading on Moscow Exchange’s Derivatives Market. Prior to 1 November, clients of MOEX market participants could only trade by using infrastructure solutions of brokers and banks.

The SMA service includes the newly developed pre-trade controls on order price deviation, maximum order size in the instruction and per day and maximum position size. An additional controlling function CANCEL ON DROP-COPY DISCONNECT has also been added for brokers with SMA IDs.

The SMA Service has already been introduced on the MOEX FX and Equity & Bond Markets. There are 31 SMA logins in the Equity & Bond Market and 86 on the FX Market.

For more details on SMA, please visit Moscow Exchange’s website.