Equity Market Making Program changed

As from 5 May, the Moscow Exchange will change its Equity Market Making Program with respect to quote maintenance as part of a regular review. 

In response to the consultation with market makers, the Exchange decided to ease maximum spread requirement with respect to certain highly liquid shares. This is to provide market makers with enhanced opportunities to manage risks promptly and allow the order book to be filled evenly. The minimum quote size requirement will also be reduced for a number of securities. 

Market makers will be allowed to maintain again quotes for Inter RAO ordinary shares from 5 May.

For details on current and new two-way quote maintenance obligations, please visit the Program"s page.

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