Foreign Exchange Market Novations, November 2019
On 25th November 2019 following modifications in MOEX FX Market are expected:
- Instrument USDRUB_TDB will be available on the new SDBP board (system trading mode speedbump)
- New instruments USDRUB_TMB, EURRUB_TDB, EURRUB_TMB* will be also available on SDBP board
* settlements in new instruments: TDB – T+0, TMB – T+1
For all instruments on SDBP board there will be a random lag during order placement ("speedbump" mechanism). "Cancel" transactions will be transmitted without lags.
Instruments’ parameters –lot/tick size, settlement date, trade date, tariff
| Instrument | Lot size | Tick size | Settlement date | Trade date | Tariff |
|---|---|---|---|---|---|
| USDRUB_TDB | 1 000 USD (min order size – 1 000 000 USD) |
0,0025 RUB | Т+0 | 10:00 – 17:45 | Asymmetric fee*:
|
| EURRUB_TDBNEW | 1 000 EUR (min order size – 1 000 000 EUR) |
10:00 – 15:00 | |||
| USDRUB_TMBNEW | 1 000 USD (min order size – 1 000 000 USD) |
Т+1 | 10:00 – 23:50 | ||
| EURRUB_TMBNEW | 1 000 EUR (min order size – 1 000 000 EUR) |
*There is a marketing period
Contact us:
MOEX FX Market
+7 (495) 363-3232 ext. 5548, 5406, 5389, 5383
fx@moex.com
FX and Precious Metals Markets innovations in September 2019
From 16 September 2019 the following changes are introduced on the MOEX FX and Precious Metals Markets:
- Lot size – $1 000, minimum order size – $1 000 000 for USDRUB_TDB
More information
- Max order size for deals with instruments with gold for GLDRUB_TOD, GLDRUB_TOM, GLDRUB_SPT, GLD_TODTOM, GLD_TOMSPT, GLDRUB_LTV, GLD_TOM1W, GLD_TOM1M and GLD_TOM6M is 3 tons of gold
| Instrument | Trading mode | Lot (g) | Max lot size | Max order size |
|---|---|---|---|---|
| GLDRUB_TOD | CNGD | 1 | 3 000 000 | 3 tons |
| GLDRUB_TOM | CETS | 10 | 300 000 | 3 tons |
| GLDRUB_TOM | CNGD | 1 | 3 000 000 | 3 tons |
| GLDRUB_SPT | CNGD | 1 | 3 000 000 | 3 tons |
| GLD_TODTOM | CETS | 1 000 | 3 000 | 3 tons |
| GLD_TODTOM | CNGD | 1 | 3 000 000 | 3 tons |
| GLD_TOMSPT | CETS | 1 000 | 3 000 | 3 tons |
| GLD_TOMSPT | CNGD | 1 | 3 000 000 | 3 tons |
| GLDRUB_LTV | CNGD | 100 | 30 000 | 3 tons |
| GLD_TOM1W | CETS | 1 000 | 3 000 | 3 tons |
| GLD_TOM1W | CNGD | 100 | 30 000 | 3 tons |
| GLD_TOM1M | CETS | 1 000 | 3 000 | 3 tons |
| GLD_TOM1M | CNGD | 100 | 30 000 | 3 tons |
| GLD_TOM6M | CETS | 1 000 | 3 000 | 3 tons |
| GLD_TOM6M | CNGD | 100 | 30 000 | 3 tons |
- Max order size for deals with instruments with silver for SLVRUB_TOD, SLVRUB_TOM, SLVRUB_SPT, SLV_TODTOM, SLV_TOMSPT, SLVRUB_LTV, SLV_TOM1W, SLV_TOM1M and SLV_TOM6M is 50 tons of silver
| Instrument | Trading mode | Lot (g) | Max lot size | Max order size |
|---|---|---|---|---|
| SLVRUB_TOD | CNGD | 1 | 50 000 000 | 50 tons |
| SLVRUB_TOM | CETS | 100 | 500 000 | 50 tons |
| SLVRUB_TOM | CNGD | 1 | 50 000 000 | 50 tons |
| SLVRUB_SPT | CNGD | 1 | 50 000 000 | 50 tons |
| SLV_TODTOM | CETS | 50 000 | 1 000 | 50 tons |
| SLV_TODTOM | CNGD | 1 | 50 000 000 | 50 tons |
| SLV_TOMSPT | CETS | 50 000 | 1 000 | 50 tons |
| SLV_TOMSPT | CNGD | 1 | 50 000 000 | 50 tons |
| SLVRUB_LTV | CNGD | 100 | 500 000 | 50 tons |
| SLV_TOM1W | CETS | 50 000 | 1 000 | 50 tons |
| SLV_TOM1W | CNGD | 100 | 500 000 | 50 tons |
| SLV_TOM1M | CETS | 50 000 | 1 000 | 50 tons |
| SLV_TOM1M | CNGD | 100 | 500 000 | 50 tons |
| SLV_TOM6M | CETS | 50 000 | 1 000 | 50 tons |
| SLV_TOM6M | CNGD | 100 | 500 000 | 50 tons |
New documents
- List of parameters of spot, fix, weighted average trade and swap deals: FX and Precious Metals Markets
- List of parameters for deliverable futures contracts on foreign currency/precious metals with an optional settlement date
- List of parameters for deliverable swap contracts on foreign currency/precious metals with an optional settlement date
Contacts
FX Market
Phone: +7 (495) 363-32-32, EXT. 5406
e-mail: fx@moex.com
FX Market innovations in August 2019
From 5 August 2019 the following changes was introduced on the MOEX FX Market:
- New currency pair USD/JPY (U.S. dollar/Japanese yen)
- Fees for trades of less than 50 lots
Currency pair USD/JPY
- The new instrument USDJPY_SPT is available for OTC trading
- TOD, TOM, SPT, swap O/N and T/N – for the main board (CETS) and negotiated trade board (CNGD).
USD/JPY currency pair will not require full pre-deposit. Yen delivery occurs on the next business day after the trade date, given the time difference between Moscow and Tokyo.
The parameters of the new instruments – trading mode, lot size, tick size and time trading
Spot
| Instrument | Trading mode | Lot size | Tick size | Trading time |
|---|---|---|---|---|
| TOD | main board | USD 1,000 | JPY 0.001 | 10:00 – 17:45 |
| different settlement codes | USD 1 | 10:00 – 19:00 | ||
| one settlement code | 10:00 – 23:50 | |||
| TOM, SPT | main board | USD 1,000 | JPY 0.001 | 10:00 – 23:50 |
| one/different settlement codes | USD 1 | |||
| SPTOTC | OTC | USD 1, min. order USD 100,000 | JPY 0.001 | 10:00 – 23:00 |
Swap
| Instrument | Trading mode | Lot size | Tick size | Trading time |
|---|---|---|---|---|
| TDTM | main board | USD 1,000 | JPY 0.0001 | 10:00 – 17:45 |
| different settlement codes | USD 1 | 10:00 – 19:00 | ||
| one settlement code | 10:00 – 23:50 | |||
| TMSP | main board | USD 1,000 | JPY 0.0001 | 10:00 – 23:50 |
| one/different settlement codes | USD 1 |
Fees for trades of less than 50 lots
50 rubles is the minimum rate of fee for off order book spot trades on the Moscow Exchange FX Market executed by trading members based on orders with the amount less than 50 lots. The minimum rate of fee does not apply to the Negotiated trade board.
Contacts
FX Market
Phone: +7 (495) 363-32-32, EXT. 5406
e-mail: fx@moex.com