Vedomosti learned that the Moscow Stock Exchange is working on launching an automatic tracking service. Brokers fear that the site will need this to start working with individuals.
Join
Auto-tracking is an investment method where subscribing clients can connect to the strategy of a more experienced investor (who is also the author of the strategy) and automatically repeat all their trades in their account.
Such a service will be able to help the professional participant and his clients (managers) to improve the quality of prices for subscribers in automatic tracking, so that the entire group of applications is closed to a single price, said a representative of the place.
The brokers, in a conversation with the publication, noted that the development of an automatic tracking service is one of the first steps of the site to provide investors with direct access to the infrastructure of the Moscow Stock Exchange, bypassing the intermediary in the form of runner.
One of the interlocutors also said that the Moscow Stock Exchange is hiring for other retail positions: the trading platform is strengthening its customer service for individuals.
Now, according to the law on the stock market, only a professional participant (broker, management company) with a license from the Bank of Russia can provide access to the exchange, but the Moscow Stock Exchange does not have such a license.
Author:
Karina Pardaeva
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.
