“Clearstream’s announcement is part of Moscow bourse officials’ efforts to lure more foreign investors to trade Russian stocks locally rather than in London and New York. The Moscow Exchange merged its two competing depositories in 2012 and in September extended the time allowed to settle transactions to two days. The Moscow Exchange is optimistic that international depositories will open direct equities accounts. The exchange would like to reduce the volume of Russian equities trading abroad to between 20 percent and 25 percent of the total by 2015, from about 40 percent in 2013, Alexander Afanasiev, chief executive officer at the Moscow bourse, said in a June 2013 interview.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Top Treasury Official Sees No Widespread Criminal Bitcoin Use
U.S. offers help to Nigeria to fight terror group
Floating Nuclear Power: Inside Russia's Reactors at Sea
Chilean farmers export pet tarantulas around the world
Most people expect to be worse off than parents – except U.S., Chinese
Bieber and entourage searched by sniffer dogs at Florida airport after drug 'tip'
Credit Suisse faces $1.2-billion US penalty over taxes
Russia Adds to World’s Fifth-Biggest Gold Reserves for 9th Month
EPA’s illegal human experiments could break Nuremberg Code
Turkish protester’s tear-gas death sparks angry new demonstrations in Istanbul
China Opens New Front in Currency War as Yuan Speculation Distorts Export Data
Weapons made with 3-D printers could test gun-control efforts
Russian Authorities Raid German Foundations and NGOs
Feds arrest Dr. Farid Fata, accused of fraud & deliberately prolonging chemo for cancer patients
UK troops deny mutilating Iraq insurgents’ corpses