Moscow Exchange to increase ruble tick size
Adjustment made for USD/RUB, EUR/RUB and GBP/RUB
Moscow Exchange (Moex) has followed in the footsteps of Thomson Reuters by increasing its minimum price movement on USD/RUB, EUR/RUB and GBP/RUB contracts from its current tick size of 0.0005 to 0.001. The change comes into effect on February 2.
The alteration comes after Moex's FX market committee recommended an adjustment to certain FX contracts on November 27, although the move does not apply to other spot and swap transactions.
"We are increasing the price tick for major currency pairs in
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