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Russia
MOEX Reports Strong Q2 Results: Net Profit up 5.2%, FX Volumes Rise 28% to $1.46 Trillion
- Russia's largest exchange has announced its best quarterly results since its inception in 2011. Higher trading volumes and fees despite tough markets suggests MOEX is a resilient venue on par with the world's best.
by
George Tchetvertakov
Russia Pushes for More Chinese Currency Swaps to Escape U.S Dollar Dependency
- The Russian and Chinese agree on having more direct Yuan/Ruble currency swaps in the future, seen as a part of a Russian drive to bypass and weaken the USD in retaliation for recent Western economic sanctions.
by
Avi Mizrahi
Exclusive: Russian Forex Regulatory Discussion Leaks as Voting Postponed for Autumn
- Sources close to ongoing discussions claim two types of regulatory licenses for the Russian market - for prime brokerages and for retail brokerages which can only be sourcing liquidity from regulated prime brokerages.
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