Economy12.09.2022 - 13:51

Moscow Exchange opens stock market to non-residents from friendly countries

The Moscow Stock Exchange will open its stock market to non-residents from friendly countries on Monday, September 12.

Фото: from open sources

Moscow Exchange, from September 12, provided an opportunity to make transactions in the stock market for non-resident clients from friendly states, the trading platform informs on its website.

It is also about non-residents who are under the control of Russian legal entities or individuals.

Also, these clients will be able to make repo transactions with a central counterparty (CC) with shares and bonds, the statement specifies.

Related to unfriendly states will be able to make transactions with securities. The exception for them will be shares of strategic and some other companies, which are defined by the decree of Russian President Vladimir Putin.

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