Interactive Brokers Gets Trading Access to Moscow Exchange

US broker Interactive Brokers is getting unparalleled integration into the Russian stock market starting from today. The development has been made possible after the broker gained trading access to the Moscow Exchange (MOEX) via the Russian subsidiary of Austrian bank Raiffeisen.

Raiffeisenbank holds a Russian broker license. Initially, only clients residing in Russia will be able to trade on the Moscow Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term via their Interactive Brokers accounts. The new connection is enabled via the MOEX Sponsored Market Access (SMA) model. The connection is low latency, with fully redundant global point of presence (PoP) architecture.

While initially, only Russian residents are able to trade on the local stock market, MOEX-listed stocks trading via Interactive Brokers is going to get a broader footprint in the future.

Commenting on the announcement, the Managing Director of Money and Derivatives Markets at MOEX, Igor Marich, said that the SMA meets all Russian regulatory requirements and gives traders easier access to all of MOEX’s markets including Equities, Fixed Income, Derivatives, FX and Money Markets.

“By Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term the broker’s risk parameters centrally, MOEX does away with the need to build expensive and latency-adding systems. MOEX’s POP offering has been enhanced by the inclusion of Avelacom as well as ICE, so there are now PoPs globally – in London, Frankfurt and the USA as well as countries such as in India and China,” Marich elaborated.

“Interactive Brokers aims to provide clients with unparalleled access to the world’s financial markets,” said Steve Sanders, executive vice president of marketing and product development at Interactive Brokers.

“With our advanced technology and global reach, we can offer direct market access to both large and small markets efficiently and cost-effectively and provide clients with a broad range of products,” elaborated Sanders.

The news further underpins the dominant position of Interactive Brokers in the market. The company serves over 639,000 clients worldwide and operates on more than 125 exchanges in 31 countries.