Russia: Moscow Exchange launches programme to support liquidity of OFZ stock market

Wed, 03/06/2015

Starting from June, the Moscow Exchange will launch the Market Making programme to support liquidity in the Government bonds (OFZ) market within ‘T+1’ trading mode and to provide a smooth transition to the new trading regime.

The programme is based on the principles of the Market Making programme in the stock market and maintains its key advantages for trading parties: unified working conditions for all Market Makers, a transparent evaluation mechanism of results and awarding, and a simplified mechanism for admission of new members to maintain liquidity.

The first phase of a Market Making programme will include 10 highly liquid OFZ issues.

Contact:
Yuliya Shibukova,
Relationship Manager, Global Securities Services Russia
Yuliya.Shibukova@unicredit.ru