Moscow Exchange (ticker: MOEX) has signed an agreement with Caderus Capital, the Russian-Chinese investment group, to support the development of the Exchange"s work with the investment community in China and to attract Chinese investors and issuers to the Russian market.
Igor Marich, Managing Director at Moscow Exchange, said: "Moscow Exchange has a long-standing and successful yuan and yuan futures trading programme, and this year we expect to see the first placements of yuan-denominated debt securities from Russian issuers. Expanding our relationships with participants of China"s financial markets and attracting them to Moscow Exchange is one of our key areas of development.
Working with Caderus Capital, which specialises in China"s financial markets and Russian-Chinese investment cooperation, will help us to achieve our goals more rapidly."