OREANDA-NEWS. December 19, 2012. The Moscow Exchange has introduced a number of most successful technological decisions.

On December 03, 2012 the Moscow Exchange Group completed the unification of its clearing functions that resulted in transfer of the clearing service to the NCC (the link).

A unique technological platform SPECTRA for trading and clearing on the FORTS Derivatives Market and in the Standard market sector was launched on December 10, 2012.

At the same time, the Group implemented the access of non-credit organizations to the Moscow Exchange FX Market. The tick value for the FX Market instruments was changed, that also required to modify the FX Market trading platform.

These scaled changes in the technological infrastructure fostered by the Moscow Exchange in 2012 will lead to the further development of the Trading Participants" infrastructure. Regarding both this fact and the recommendations of the Special Users" Committee the Exchange declared a moratorium on the implementation of new technological decisions from December 10 to December 31.

Year 2013 will bring more innovations.

From January 1, 2013 the structure of accounts will be changed to bring activities carried out by the Moscow Exchange Group (the Moscow Exchange, the National Clearing Center and the National Settlement Depository) in line with the requirements set forth in the law “On Clearing and Clearing Activity” that are subject to fulfillment in due time.

From January 8, 2013 trading in the FX Market"s TOM instruments will be expanded until 23:50 MSK. In addition, the participants will be allowed to trade the TOD instruments with the same settlement code until 23:50 MSK.

Later in January 2013 a new version of the ASTS trading and clearing system with the trading mode “Repo with the CCP” maintained will be launched in the Main Market Sector of the Moscow Exchange Securities Market. The introduction of the repo trades with the CCP within the ASTS trading and clearing system will lay down the foundation for prospective effective liquidity management and expansion of repo market activities by the participants, banks and non-credit organizations.