Starting from September 24, the Moscow Exchange will start additionally calculating its main stock index – the Moscow Exchange index in yuan. In addition, the total profitability indices (gross and net) will be calculated in a similar way. Information about this appeared on the trading platform’s website.
Author:
https://rb.ru/author/ntihonov/
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In yuan, the index will be calculated once every 15 seconds, and for full returns, once a day after the main trading session. The Moscow Stock Exchange already has an index calculated in foreign currency (dollars) – the RTS index. It contains the same stocks as the Moscow Stock Exchange index.
The new edition of the “Methods for calculating Moscow Exchange stock indices” states that the trading code of the Moscow Exchange additional index in yuan is IMOEXCNY, the code of the Moscow Exchange index in yuan of “gross” total return is MCFCNYTR, the code of the Moscow Exchange index in yuan of “net” (for tax purposes) total return rates of Russian organizations) – MCFCNYTRR.
The Moscow Stock Exchange announced in early September that it has no intention of acting as an issuer of digital financial assets (DFA) or trading cryptocurrencies.
Author:
Nikolai Tikhonov
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.
