BCS World of Investments launched over-the-counter trading in US dollars, euros and UAE dirhams. Operations can be carried out in the mobile application, web account, Quik and terminal, according to the broker’s Telegram channel.
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Transactions take place from Monday to Friday, from 10:00 to 19:00 Moscow time. The currency that the client purchases in the over-the-counter market will be credited to the BCS brokerage account. Qualified investor status is not required to carry out transactions.
“In the over-the-counter foreign exchange market, trading operations are carried out directly between the participants of the Russian circuit and without the intermediation of the exchange. Prices are based on the current over-the-counter market rate and transaction settlements are carried out by BCS Bank,” the statement said.
BCS added that customers can purchase over-the-counter currencies in the “Currency” section along with exchange-traded ones. To do this, you must select an instrument and perform a trade. Currently you can only use the market application form.
US dollars, euros and UAE dirhams purchased over the counter can be withdrawn to an account at BCS Bank.
The broker “BCS World of Investments” resumed the entry and exit of Kazakhstani tenge and Armenian drams from August 26.
In September, broker Finam opened access to over-the-counter operations in dollars for its clients.
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.
