Moscow Exchange to increase number of corporates on FX, money markets four-fold

TASS Russian News Agency | Nov 8, 2019 at 10:48 AM

MOSCOW, November 8. /TASS/. Moscow Exchange plans to increase the number of corporates on the FX Market and the Money Market almost four-fold through introduction of new products, Managing Director of the Money and Derivatives Market Igor Marich said on Friday.

"We have almost 130 corporates, big players are largely represented already. We target a much higher number. The first targeted level is around 500 corporates that could become direct participants," he said.

Moscow Exchange is currently addressing expansion of the product package and transformation of already existing products for attracting corporates, Marich added.