Moscow Exchange to Add Shares of 80 International Companies for Trading

Friday, 21/01/2022 | 18:23 GMT by Nicholas Otieno
  • Moscow Exchange will launch trading of the new shares on February 1st.
  • Investors will be able to buy shares of 80 international companies.
Stocks

On 1 February 2022, Moscow Exchange (MOEX), Russia’s main trading venue for equities, bonds, derivatives, FX and money markets, will add shares of 80 international companies, including Fidelity National Financial, Crocs, Vimeo and others to its trading platforms. The popular stock exchange made such an announcement today on January 21. The move will enable Moscow exchange investors to purchase shares of such international companies and other issuers. Once shares and depository receipts of these firms are on the exchange, the total number of foreign companies on the Moscow exchange will increase to 680. Furthermore, the exchange stated that the move is going to increase the number of international securities available for trading on its platform to 1,500 in 2022.

Besides that, the Moscow exchange said that all shares of international companies added to trading on the platform are available for both institutional and retail investors in Russia and other international countries. Apart from that, the exchange mentioned that the National Clearing Centre (NCC), which is part of the Moscow Exchange Group, will accept securities of international companies as collateral for trades made on Moscow exchange markets. The move will allow professional market players and their clients more flexibility in funding their operations on the Moscow stock exchange and would assist in facilitating their trading activity.

The Moscow exchange launched trading in international equities in August 2020. The securities are traded in the main and after-hours trading sessions. Trades are settled in Russian rubles using MOEX’s robustinfrastructure, which includes a qualified record-keeping and central counterparty with the central securities depository (NSD).

How Moscow Exchange Is Boosting Its Market Share

The development by Moscow Exchange comes at a time when the stock exchange is committed to expand its business in order to enable its clients access wider market advantages. In the past 10 years, MOEX has witnessed evolutionary changes in the development of its exchange and the entire market. The exchange has gone beyond a traditional exchange business. It now offers various OTC services while expanding its platform solutions and creating new opportunities for clients. In response to such significant changes, the exchange is altering its brand to reflect the scale and influence of the Group’s business. Moscow exchange is a trading avenue for more than 6,000 financial instruments. Furthermore, it incorporates the National Clearing Centre (the central counterparty for the exchange’s markets), the National Settlement Depository (Russia’s central depository), the country’s first Finuslugi financial marketplace, and a number of other companies. They are united under the umbrella brand of the MOEX Group or the Moscow Exchange Group.

On 1 February 2022, Moscow Exchange (MOEX), Russia’s main trading venue for equities, bonds, derivatives, FX and money markets, will add shares of 80 international companies, including Fidelity National Financial, Crocs, Vimeo and others to its trading platforms. The popular stock exchange made such an announcement today on January 21. The move will enable Moscow exchange investors to purchase shares of such international companies and other issuers. Once shares and depository receipts of these firms are on the exchange, the total number of foreign companies on the Moscow exchange will increase to 680. Furthermore, the exchange stated that the move is going to increase the number of international securities available for trading on its platform to 1,500 in 2022.

Besides that, the Moscow exchange said that all shares of international companies added to trading on the platform are available for both institutional and retail investors in Russia and other international countries. Apart from that, the exchange mentioned that the National Clearing Centre (NCC), which is part of the Moscow Exchange Group, will accept securities of international companies as collateral for trades made on Moscow exchange markets. The move will allow professional market players and their clients more flexibility in funding their operations on the Moscow stock exchange and would assist in facilitating their trading activity.

The Moscow exchange launched trading in international equities in August 2020. The securities are traded in the main and after-hours trading sessions. Trades are settled in Russian rubles using MOEX’s robustinfrastructure, which includes a qualified record-keeping and central counterparty with the central securities depository (NSD).

How Moscow Exchange Is Boosting Its Market Share

The development by Moscow Exchange comes at a time when the stock exchange is committed to expand its business in order to enable its clients access wider market advantages. In the past 10 years, MOEX has witnessed evolutionary changes in the development of its exchange and the entire market. The exchange has gone beyond a traditional exchange business. It now offers various OTC services while expanding its platform solutions and creating new opportunities for clients. In response to such significant changes, the exchange is altering its brand to reflect the scale and influence of the Group’s business. Moscow exchange is a trading avenue for more than 6,000 financial instruments. Furthermore, it incorporates the National Clearing Centre (the central counterparty for the exchange’s markets), the National Settlement Depository (Russia’s central depository), the country’s first Finuslugi financial marketplace, and a number of other companies. They are united under the umbrella brand of the MOEX Group or the Moscow Exchange Group.

About the Author: Nicholas Otieno
Nicholas Otieno
  • 238 Articles
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About the Author: Nicholas Otieno
Nicholas Otieno is a FinTech writer who shares the latest news on financial instruments, forex trading, stock markets, investments, cryptocurrency, blockchain, fiat currencies, financial analysis, as well as commentary analysis about big-name companies which matter to investors.
  • 238 Articles
  • 26 Followers

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