24.05.2017 10:45

Changes to iceberg orders parameters in FX spot transactions

Effective from 22 May 2017, Moscow Exchange has changed parameters of iceberg orders for FX spot transactions. The move aims to boost liquidity on big lots.

The required minimum displayed amount of an iceberg order was reduced to 1,000 lots (from 5,000 lots).

This means that just 1,000 lots (one million US dollars/euro/yuan etc.) must be displayed upon entry of an iceberg order. The requirement for the hidden part remains unchanged at up to 100,000 lots (one hundred million US dollars/euro/yuan etc.).

For further information, please contact the Public Relations Department at (495) 363-3232.