After-hours trading on MOEX's Equity Market

Please note that this page provides preliminary information regarding the after-hours trading session.

The start of after-hours trading is scheduled for 22 June 2020.

Background:

  • As an increasing number of private and international investors seek to join the Russian stock market, an opportunity to trade across instruments from any part of the world at any time is needed.
  • After-hours trading volume accounted for ~19% of the total turnover on MOEX’s Derivatives Market and ~8% on the FX Market.
  • Trading equities in after hours provides further options for the execution of trading strategies including hedging and arbitrage with MOEX’s Derivatives and FX Markets as well as between international marketplaces.
  1. At what times will the after-hours trading be available?
  2. What types of transactions will be available after-hours?
  3. What types of transactions will not be available after-hours?
  4. Which trading-clearing accounts will be available for orders submitting during evening session?
  5. Which securities will be admitted to after-hours trading?
  6. Where the attribute "a share admitted/not admitted to Evening Session" be disclosed?
  7. Which boards will be available for after-hours trading?
  8. What order types will be available?
  9. What should a clearing member know about clearing operations in the Equity Market Trading and Clearing System after 19:00?
  10. When will the variable fee for trades executed after-hours be charged?
  11. How does the MOEX Russia Index is calculated in the after-hours session?
  12. How will the reporting be changed?
  13. How will the clearing reports be changed following the introduction of the after-hours session?
  14. How will market data transmission be changed?
  15. Will online client registration be possible during evening trading sessions?
  16. What steps are required to be taken by a trading member wishing to start trading after-hours?
  17. What steps are required to be taken by a trading member which DOES NOT wish to trade after-hours?
  18. What steps are needed to be taken by a trading member wishing to trade after-hours using certain trading clearing accounts and freeze other trading & clearing accounts with respect to after-hours trading?
  19. Can a trading member recall a standing instruction given for early close of trading with the Clearing Center?
  20. Can a clearing member recall a request for early close of trading with the Clearing Center?
  21. What steps do we need to take in case there are trading & clearing accounts with the same settlement code, but some of them need to be disabled for trading by 19:00, and some remain available after 19:00?
  22. Can we end equity trading before 19:00?
  23. How should we end trading with respect to a settlement code in the Unified Collateral Pool?