MOEX to Accept International Stocks as Collateral

The Moscow Exchange Group (MOEX) announced yesterday that National Clearing Centre (NCC), part of MOEX, will accept securities of international companies as collateral for trades made on MOEX markets, effective 27 September 2021.

This will allow professional market participants and their clients more flexibility in funding their operations on MOEX​ and will facilitate their trading activity.

The list of securities accepted as collateral includes 18 international stocks, which will be expanded in the future.

Earlier this month, NCC was granted the status of Qualified Derivatives Dealer (QDD) by the United States Internal Revenue Service (IRS). QDD status allows MOEX to facilitate trading in US securities for banks and brokers, as well as on the Money Market. Professional traders will be able to make better use of the margin trading mechanism on MOEX's Equity Market for their retail clients.