28 May 2004 23:48
MICEX to merge UTS, electronic trading from May 31 (Part 2)
(MICEX) plans to merge its Unified Trading Session (UTS) and SELT
electronic lot trading session from May 31 in a bid to boost the
MOSCOW. May 28 (Interfax) - The Moscow Interbank Currency Exchange
liquidity of trading.
Today trading will take place from 10:00 a.m., Moscow time, to 2:00
p.m., on the MICEX and to 11:00 a.m. on regional currency trading
The move is also designed to increase trading system reliability, merging the advantages of collective and individual
risk management systems, MICEX said in a press release Friday.
The new system will be based on the principles of the UTS, giving all dealers access to a liquid currency market, in
which ruble/dollar
floors. Tomorrow deals will be made from 10:00 a.m. to 4:45 p.m. on all exchanges. [RU ASIA EUROPE EEU EMRG FRX] pr
me
[Interfax] |
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