Moscow Exchange

http://www.moex.com

Tel. : 7 495 363 3232
Fax : 7 495 705 9622
 

Representatives :

Chairman & CEO : Mr. Alexander Afanasiev
 
Managing Director, Head of Strategy : Mr. Anton Govor
 

 

Types of Securities Traded

Name of Trading Systems

(cash and derivatives)

Trading Hours

Equity and Bond market:
Shares
Depositary receipts
Investment funds’ shares
Sovereign bonds
Corporate and municipal bonds

ASTS

 

 

 

 

Trading in equities and bonds is conducted in several trading modes. Trading modes have different working hours and on the whole take place from 9:30 am to 7:00 pm Moscow time (GMT+3).

For more information, please access: http://moex.com/s866

Derivatives market:
Equity derivatives
Index derivatives
FX derivatives
Interest rates derivatives
Commodity derivatives
SPECTRA

Trading hours of the Derivatives Market are from 10:00 am to 6:45 pm and from 7:00 pm to 11:50 pm Moscow time (GMT+3).

For more information, please access: http://moex.com/s400

REPO market:
Shares
Depositary receipts
Sovereign bonds
Corporate and municipal bonds
ASTS

Trading in REPOs with equities and bonds is conducted in several trading modes. Trading modes have different working hours and on the whole trading takes place from 9:30 am to 7:00 pm Moscow time (GMT+3).

 

For more information, please access: http://moex.com/s866
 

FX market:
USD/RUB, EUR/RUB, EUR/USD, CIS currencies, etc.
ASTS

Trading in FX instruments is conducted in several trading modes. Trading modes and instruments have different working hours and on the whole trading takes place from 10:00 am to 11:50 pm Moscow time (GMT+3).

For more information, please access: http://moex.com/s670

Commodity market:
Precious metals
Grain
ASTS

Precious metals trading takes place from 10:00 am to 11:50 pm Moscow time (GMT+3).

For more information, please access: http://moex.com/s1087 and http://moex.com/s488
Grain trading is conducted according to state interventions schedule

 

Supervisory Body

Central Bank of Russia
 
Name of Clearing & Settlement Organization
 
National Clearing Centre (NCC) – a clearing organization and CCP on all Moscow Exchange Group markets, a part of Moscow Exchange Group
National Settlement Depository (NSD) – the central securities depository of the Russian Federation also functioning as a settlement bank, a part of Moscow Exchange Group

Settlement Cycle

 
T+2 – equities
T+0 and T+2 – sovereign bonds
T+0 - corporate and municipal bonds
T+n – FX (T+0, T+1, T+2 for spot transactions and up to T+365 for swaps and forwards)

Name of Central Securities Depository

National Settlement Depository (NSD) – the central securities depository of the Russian Federation

Commissions on Transactions levied by Exchange

 
No stamp duty or transfer taxes on transactions.
For more information about Moscow Exchange’s fees, please access (Equity and bonds (including REPO) http://moex.com/s428; Derivatives http://moex.com/s402; FX http://moex.com/s730)

Taxes on Dividends, Interests

 
Dividends: 9% - residents, 15% - non-resident legal entities, 30% - non-resident individuals

2014 Share ownership thresholds (%)

5%

Short selling (Yes / No)

 
Yes

Short selling conditions (if any)

 

Holiday
1st January
2nd January
3rd January
4th January
7th January
8th March
1st May
2nd May
3rd May
9th May
10th May
12th June
This page was last updated on: 06/17/2014 - 16:16