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Russia
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Russia
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Regulation
Russian Central Bank Grants Forex License to VTB 24, Denies 24option Parent
2016-09-02T00:14:48.000+02:00
The Russian subsidiary of the parent company of 24option Rodeler Russia has been denied a license after 9 months.
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Executive Moves
Former Saxo Bank Russia Head Appointed Institutional Sales Director in London
2016-09-01T23:40:28.000+02:00
Igor Dombrovan has joined Saxo Bank’s London team after closing the doors of the Moscow office.
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Regulation
Xtrade Russia Joins Russian Self Regulatory Organization NAFD
2016-07-25T18:43:39.000+02:00
XTrade is aiming at the Russian market with its latest move to join the recently renamed CRFIN.
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News
Russian Banks Join National Consortium For Blockchain Exploration
2016-07-06T14:52:54.000+02:00
Bank of Russia's recent event saw plans for a block chain consortium progress.
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Exchanges
Moscow Exchange Volumes Tick Higher in June as Brexit Volatility Spreads
2016-07-04T18:15:04.000+02:00
Emerging markets trading venues such as Moscow Exchange have been volatile in light of the British vote.
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Victor Golovtchenko
Brokers
Breaking: Bank of Russia Licensed TeleTrade Facing Police Fraud Charges
2016-06-17T15:03:25.000+02:00
After years of operation, Russian brokerage TeleTrade is facing fraud charges on embezzling of hundreds of millions of rubles.
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Prime Brokerage
Goldman Sachs Slimming Down its Russian Operations as Cuts Mount
2016-06-08T19:39:06.000+02:00
Goldman's Russian operation is slated for a lean summer.
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Jeff Patterson
Brokers
Exclusive: Moscow Offices of TeleTrade Visited by Russian Special Police
2016-06-08T15:19:57.000+02:00
The premises of TeleTrade in Moscow have been raided in the presence of special police force unit OMON.
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Victor Golovtchenko
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Technology
MOEX to Test New ASTS+ Platform for FX Ahead of Next Week’s Launch
2016-05-24T13:33:39.000+02:00
Moscow Exchange's FX trading and clearing system is upgraded and rebranded.
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Steven Hatzakis
Technology
Sberbank Launches Electronic Trading Platform for Institutional Clients
2016-05-19T19:08:29.000+02:00
The new platform could quickly become useful for those clients that are interested in executing their orders in real-time.
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Victor Golovtchenko
Regulation
Russian Regulator More Transparent Than European Ones, Or Is It?
2016-05-18T14:23:26.000+02:00
The Bank of Russia not only announces which companies are receiving a license, but also those that are denied one
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Victor Golovtchenko
Retail FX
Two and a Half Salaries on a First Time Forex Deposit in Russia?
2016-03-29T19:46:35.000+02:00
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Prime Brokerage
Russian Ruble Risks Volatility Spike Despite Oil Prices Rally
2015-12-29T18:16:23.000+02:00
The Russian ruble has continued its underperformance amid economic woes and lack of confidence in the country’s policymakers.
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Brokers
Admiral Markets Suspends Russian Operations Pending License
2015-12-28T13:53:12.000+02:00
The brokerage notified clients in Russia that all position will be automatically closed on December 31.
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Exchanges
Bank Of America Enters Moscow Stock Exchange FX
2015-12-27T12:00:30.000+02:00
Beginning January 2016, the American bank will operate as a "General Clearing Member" on the Russian stock exchange. It will trade via Merrill Lynch Securities.
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Dan Magen
Brokers
Russian Brokerage NPBFX Partners with Financial Commission
2015-12-24T15:07:27.000+02:00
The Russian FX provider is hoping to increase its prestige and client trust by collaborating with the independent provider of compliance solutions.
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Dan Magen
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News
Report: Russia's Sberbank Wants to Join R3-Led Blockchain Consortium
2015-12-10T13:58:56.000+02:00
Sberbank reportedly wants to join the growing global consortium of banks collaboratively developing blockchain technology.
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Trading
Did Chinese Traders Flocking to MMM Ponzi Cause Bitcoin Bubble?
2015-11-06T02:38:30.000+02:00
Currently at 2620 CNY ($414), the "China premium" is now roughly 6.5% higher than the $380 mark on USD exchanges.
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Expert Insights
Opinion: Forex Regulation in Russia Will Kill the Market
2015-10-30T11:54:37.000+02:00
Open Mic blog: Igor Volkov from MFX criticizes the manner used in the Russian Federation to regulate forex trade.
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Regulation
Russia to Officially Enact FX Broker License Regime in January 2016
2015-10-28T15:21:30.000+02:00
The new law will come into full force on the 1st of January, stipulating leverage limitations along with tax advantages for regulated brokers.
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News
Proposed Punishment for Using Bitcoin in Russia Raised to 4 Years of Labor
2015-10-26T19:56:22.000+02:00
The Russian Ministry of Finance has reportedly raised its proposed penalties for using Bitcoin in the country.
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Leon Pick
News
Russian Internet Behemoth Yandex Considering Bitcoin for Finance Portal
2015-10-09T23:55:15.000+02:00
Russia's internet and search engine giant Yandex is mulling the integration of bitcoin payments for merchants using its Yandex.Money portal.
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Brokers
Alpari Volumes Rebound in September, Now Marginally Higher Than July
2015-10-09T17:02:58.000+02:00
With the bulk of the customers of Alpari hailing from Russia, subdued trading could be a result from a weaker rouble exchange rate
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Victor Golovtchenko
Bloggers
Bitcoin's Twisty Trek Toward Adoption in Russia
2015-09-27T08:00:01.000+02:00
Bitcoin is not formally banned in Russia, but official usage of the cryptocurrency is not welcomed by any government or state regulator.
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George Basiladze
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News
Vostok Emerging Finance Announces Twin Investments in Revo and Sordata
2015-09-08T10:45:57.000+02:00
Vostok Emerging Finance has announced a $2.5 million investment as they take stakes in Russian merchant finance firms Revo and Sorsdata.
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Ron Finberg
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