Additional Clearing Session on the Moscow Exchange

AO UniCredit Bank
Summary: 
NCC has introduced an additional clearing session on the Moscow Exchange.
Tue, 27/05/2014

Dear Client,

The National Clearing Centre (NCC), clearing house of the Moscow Exchange, has announced the launching of an additional clearing session at 16:00 Moscow Time,  starting from 9 June 2014. 

The National Settlement Depository will settle on-exchange trades based on the NCC Orders twice a day - at 16:00 and 19:00 local time.  As a result, securities settled at 16:00 will be available for withdrawal after 17:00 and may be used for OTC settlement during the late OTC clearing sessions on the same day.

Impact on investors: Increasing the NCC clearing sessions trading possibilities for market participants and investors.