Broker Finam intends to provide people with access to over-the-counter trading in “unfavorable” currencies through the Finam Trade platform. Such a tool should appear in August.
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Finam to launch over-the-counter currency trading on mobile app
The app will allow you to trade over-the-counter in dollars, euros and other currencies, transactions in which ceased after sanctions against the Moscow Stock Exchange.
As Dmitry Lesnov, head of the customer service development department of Finam financial group, told RBC Investments, clients will be connected to several over-the-counter platforms where transactions between banks are currently carried out.
On June 12, the US Treasury included the Moscow Exchange, the National Clearing Center and the National Clearing Depository on the SDN list. In this regard, the Moscow Exchange announced the cessation of trading in euros, US dollars and Hong Kong dollars.
Following the introduction of US sanctions against the Moscow Stock Exchange, the National Settlement Depository and the National Clearing Center, several clients of “Finam”, “Tsifra Broker”, “BCS World of Investments” had millions of US dollars trapped in NCC.
Author:
Karina Pardaeva
Source: RB
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