Tuesday September 14 2021

News Source: Global Exchanges

Focus: Fixed Income

Type: General

Country: Russia

Link: https://bit.ly/3k8Tnfd

On 13th September 2021, Moscow Exchange (MOEX) announced that after-hours trading in bonds will become available on MOEX. Investors will be able to trade federal government bonds (OFZ) and Eurobonds from 19:00 to 23:50 MSK. As a result, the Bond Market will be open for trading for 13 hours and 40 minutes daily from 27th September 2021.

The launch of the evening session on the Bond Market is part of Moscow Exchange’s strategy to make on-exchange trading more accessible, primarily to retail investors, who currently number almost 14 million on MOEX. Moscow Exchange offers Russian and international stocks, ETFs, currencies, precious metals, futures and options for trading during the evening session. The evening session accounts for 9% of trading volumes in equities, 19% of futures and options and 5% of FX.

Since March this year, the FX, Derivatives and Precious Metals Markets have opened for trading at 7am MSK. A morning session on the Equity Market will launch at the end of the year

Evening session liquidity will be supported by market makers including Russian brokerage firms.

The Bond Market is currently open from 10:00 to 18:50 MSK.

Click on the above link for further information.