Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Moscow Exchange To Close Classica Sector Of The Equity Market

Date 14/07/2015

Moscow Exchange will shut down trading on its Classica sector from 3 August 2015. Securities currently trading in the sector will be added to the MOEX Board system of indicative quotations with their tickers resided in Bloomberg and Reuters.

The Exchange will stop trading in the Classica sector as it is not efficient to maintain. After the launch of the T+2 settlement cycle on the Equity Market, the liquidity has moved complete to the main T+2 sector with the Classica"s volumes currently constituent only 0.01% of the total equity trading.