Moscow Exchange authorizes cross trading through the CCP on its Derivatives Market

Effective 12 May 2015, the amended Moscow Exchange trading and admission rules will authorize cross trading on the Derivatives Market.

The new rules require all cross transactions to be cleared through the CCP. The National Clearing Centre (NCC) acts as the CCP across the Moscow Exchange markets.

Please note that cross trades are prohibited by default. In order to be authorized for cross trading, member firms must submit an authorization application. Alternatively, in order to authorize cross trading for a member firm's client, a notice must be submitted by the member firm on behalf of the client.

Key provisions of the new trading and admission rules are available here.

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