Next release of FX and Securities markets systems
Dear MOEX clients,
The next release of the FX and Securities markets trading and clearing systems is scheduled for 14 December 2020.
FX Market
Earlier trading start on the FX Market: technical readiness
Preliminary configuration:
Trading Board: System Deals;
Trading time on the first stage: from 7:00 MSK, trading starts with the Main session. There will be no separate morning and day sessions. The new trading interval extends the Main session.
There will be available all the active instruments on the FX Market.
It is not planned to add new trading and clearing reports.
A production launch date will be announced later. The preliminary launch date is March 2021.
SWAP securities and SPT/SWAP securities on gold with foreign liquidity providers: technical readiness
The new XAUUSD_SPT security will be added on the OTCT board with liqudity providers.
New SWAP securities EURUSDTMSP, GBPUSDTMSP, XAUUSDTMSP will be available with RFS service.
The new securities will be available to trade within MOEX Trade Currency terminal, ASTS Bridge and FIX protocol (FIX RFS for SWAP securities and FIX OTC for XAUUSD_SPT).
A production launch date will be announced later. The preliminary launch date is February/March 2021.
Securities Market
Planned changes in trading and clearing reports
SEM03D, SEM04D, SEM03 trading reports will be supplemented with the new field specified that trade/offer was concluded as a result of iceberg order execution.
The EQM6D clearing report will now be delivered in the end of the first clearing session in addition to delivery in the end of the second and the third clearing sessions and after 23:50 for trades concluded in the additional session.
The following reports on trades will be delivered on loan contracts too: EQM05, EQM06, EQM08 and EQM37. EQM05 and EQM06 reports will be supplemented with InterestAmount field (Sum value of interest on loan contracts, expressed in currency of settlement). The EQM37 report will be supplemented with InterestAmount and Value (Liability/Claim on loan contract including accured interest, expressed in currency of settlement) fields.
New reports will be delivered to Credit Market users:
* Orders for loan contract conclusion register (SEM02CR);
* Loan contract trades register (SEM03CR);
* Trading participants liabilities on refund under loan contracts (SEM17CR).
New tariffs for iceberg REPO with CCP orders.
On 1 January 2021 it is planned to charge additional fee for trades concluded based on iceberg orders. The clearing commission remain the same. Marketing period for the Deposits with CCP market is prolonged until 1 June 2021.
New tariff rates of commission for REPO with CCP (GCP included) trades based on iceberg orders:
| Fee Package | Current Fee | Iceberg order Commission Fee | Total commission |
|---|---|---|---|
| REPO_0 | 0,0001500% | 0,0000530% | 0,0002030% |
| REPO_150 | 0,0001050% | 0,0000371% | 0,0001421% |
| REPO_500 | 0,0000810% | 0,0000286% | 0,0001096% |
| REPO_6500 | 0,0000630% | 0,0000223% | 0,0000853% |
| REPO_16250 | 0,0000450% | 0,0000159% | 0,0000609% |
| REPO_32500 | 0,0000300% | 0,0000106% | 0,0000406% |
The new ETF Boards
ETF trading boards with settlements in USD and EUR that were announced earlier will going live with the release.
Credit Market without CCP
The new Credit Market without CCP (MarketID:CRED) is implemented on Securities Market. New trading boards on this market are presented below:
* Credits RUB (BoardID: CRER)
* Credits USD (BoardID: CREU)
* Credits EUR (BoardID: CREE)
Negotiated deals on money transfer are concluded on a certain set of terms including repayment date and fixed rate, without any collateral. Securities that will be listed on credits boards are "Credits RUB", "Credits USD", "Credits EUR", according to the boards' names. Buy negdeals (to place credit) will be available for banks only and Sell negdeals (to raise credit) will be available for all participants of the Credit Market.
The first parts with S0, S1 and S2 settlement codes and the second parts of REPO negdeals will be executed by entering reports.
Attachment