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.”
Andrei Akopian, Managing Partner of Caderus Capital, said: “I am delighted that we will be able to use our knowledge, experience and contacts in the Chinese financial community to create new opportunities for investors and issuers, and to strengthen bilateral relations between the two countries.”
Moscow Exchange operates Russia’s only multi-asset platform for trading in equities, bonds, derivatives, currencies, money market instruments and commodities. The Group also includes Russia's central securities depository (the National Settlement Depository), and the National Clearing Centre, which performs the function of central counterparty, which enables Moscow Exchange to provide clients with a full cycle of trading and post-trade services.
Moscow Exchange ranks among the world's top 25 exchanges by total capitalisation of shares traded, and also among the 10 largest exchange platforms for bonds and derivatives trading (by volume of contracts). Securities of over 740 issuers are admitted to trading on the equity and bond markets of Moscow Exchange, including securities of Russia’s largest companies by market capitalisation.
Caderus Capital is a Russian-Chinese investment company offering investment banking and consulting services to companies and institutional and private investors in Russia and China.
You are welcome to view the Moscow Exchange press-release at their website.