Risk Parameters On The Moscow Exchange During New Year/Christmas Public Holidays

Due to New Year break in Russia from December 31, 2015 till January 10, 2016 NCC Clearing Bank is increasing the risk parameters.

The risk parameters increase will be divided in two stages: starting from December 28, 2015 and December 30, 2015.

If market volatility does not significantly increase by December 28, 2015, initial margin rates will be equal to the values listed below:

Risk parameters for FX and Precious Metals Market

Risk parameters for shares (Securities Market)

Risk parameters for bonds (Securities Market)

Risk Parameters for Derivatives Market

FX Risk Rate for Standardised OTC Derivatives Market will be equal to 11.5% starting from December 30, 2015.