The Moscow Exchange launched a market making programme to support liquidity in the Eurobond market within a T0 trading mode.
The programme is based on the principles of market making programmes known from stock and OFZ markets 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 the admission of new members to maintain liquidity.
The market making programme includes 9 issues of government and corporate Eurobonds with trading lots of no more than USD 10,000 for each security and with settlement in USD.
Launching the programme will increase the transaction volume and improve liquidity of the Eurobond market in T0.
Contact:
Yuliya Shibukova
Relationship Manager
Global Securities Services Russia
Yuliya.Shibukova@unicredit.ru