05.02.2013 18:57

Results of the first trading day in the new mode Repo with the CCP

On February 05, 2013 Moscow Exchange launched trading in the mode Repo with the CCP.

19 companies traded on the mode’s first day. 27 trades were executed for a total trading volume of RUB165 million.

The introduction creates new opportunities for participants to trade without bilateral limits, monitor market repo rates online and manage liquidity much more effectively.  

For reference:

Repo with the CCP is a kind of the on-exchange repo implying that the CCP, Bank National Clearing Centre Сlosed joint-stock company (NCC), acts as counterparty to each repo trade. CJSC “MICEX Stock Exchange” is the organizer of trading. Both NCC and CJSC “MICEX Stock Exchange” are part of the Moscow Exchange Group.

Trades in this new mode can be executed either on the order book, “Repo with the CCP – Order book orders” or by direct orders, “Repo with the CCP – off order book orders”. 

For further information, please contact the Public Relations Department at (495) 363-3232.

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