The Moscow Stock Exchange will extend trading hours for the Hong Kong dollar and the Chinese yuan. Therefore, trading will take place in a single session without interruption, according to the site’s website.
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Thanks to the changes, market participants will be able to transact more freely, the exchange says. Currently, the trading of these instruments is carried out with a technological break.
Thus, according to the updated calendar, trading in instruments with settlement “today” (instruments CNYRUB_TOD, USDCNY_TOD HKDRUB_TOD, USDHKD_TOD) will be carried out without interruption from 7:00 a.m. to 5:45 p.m. Swap transactions (HKD_TODTOM, USDHKDTDTM, CNY_TODTOM, USDCNYTDTM) will also be carried out without interruption from 7:00 to 18:00.
“In specific trading modes, all of the above instruments will be available continuously from 07:00 to 19:00. In the over-the-counter clearing mode for OTC operations with the CCP, the trading hours of these instruments are extended until 19:00,” the site’s website states.
Earlier, the Moscow Stock Exchange started trading in Russia’s first exchange-traded fund for bonds with a variable coupon.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
