“The Ukrainian crisis is making 2014 a busy, and potentially profitable, year for Russian stockbrokers. While investment bankers have seen their fees plunge as deals dry up amid the conflict, trading in equities almost doubled on average at 50 Russian brokerages in March from February and has remained elevated this month, according to data from OAO Moscow Exchange. The RTS Volatility Index, which uses futures to measure expected swings in Russian equities, is more than double the level of December. The recent price swings and the pickup in transactions are similar to the surge in volatility triggered when Russia sent troops into Georgia in 2008 during a five-day war.”
(Visited 20 times, 1 visits today)
Related posts:
'Brighter than a full moon': The biggest star of 2013... could be Ison - the comet of the century
Company plans to mine asteroids with ‘FireFlies’ spacecraft
Bitcoin Gets Support From Sberbank CEO as Russia Plans Anti-Terror Law
Criminal defense lawyers demand access to secret DEA evidence
Florida mom arrested after letting 7-year-old walk to the park alone
Bitcoin Downloads Surge in Argentina
Tories begin defecting to Nigel Farage's UKIP over 'loons' slur
UK Parliament votes against war for the first time since American Revolution end
Former Mexico president calls for marijuana legalization
Surveying the wreckage of torpedoed Swiss-US tax deal
PBS: Bitcoin gains mainstream interest after 'outlier' appeal
Germany tells parents to destroy toys over Chinese spying fears
UN orders its inspectors out of Syria over fears of U.S. air strike
Beyond bitcoin: Inside the cryptocurrency ecosystem
Marine’s 11-year war crimes conviction overturned