21 May 2004 20:40
MICEX to merge UTS, electronic trading
(MICEX) plans to merge its Unified Trading Session (UTS) and SELT
electronic lot trading session from June 1 in a bid to boost the
MOSCOW. May 21 (Interfax) - The Moscow Interbank Currency Exchange
liquidity of trading.
All preparations will be completed in the next week to ten days, said Alexander Potemkin, the exchange's general
director.
"I think all Russian currency market participants will be able to work in unified-session mode on the MICEX from
June 1," Potemkin said.
The move is also designed to eliminate problems associated with the numerous exchange rates that are established on
the bourse. [RU ASIA EUROPE EEU EMRG FRX] pr
[Interfax] |
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