xi's moments
Home | Europe

Moscow Exchange permits non-residents from friendly countries to trade on derivatives market

Xinhua | Updated: 2022-08-08 22:02

A board with the logo is on display outside the office of the Moscow Exchange in the capital city of Moscow, Russia March 24, 2022. [Photo/Agencies]

MOSCOW - The Moscow Exchange has permitted non-resident clients from "friendly" countries to trade on its derivatives market starting Monday.

According to a statement by Moscow Exchange on Friday, the non-resident clients should be from non-hostile countries as well as those whose ultimate beneficiaries are Russian legal entities or individuals.

The change came after Russian President Vladimir Putin signed a decree on Friday to provide non-resident clients with access to the stock market.

The decree bans "unfriendly" investors from making transactions with their shares in strategic Russian enterprises and projects until the end of the year.

Global Edition
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349