Innovations 2024
Innovations of the FX market since June 17
Extension of trading time for TOD and TODTOM instruments until 19:00
Trading time of TOD and TODTOM instruments of all currency pairs is extended until 19:00. Cut-off time for fulfillment of liabilities by crediting funds remains unchanged. При этом время зачисления средств для исполнения обязательств остается без изменений. The current schedule for crediting funds can be found on the NCC page.
For short position in additional periods of trade sufficient funds in NCC are required, otherwise the position will forcibly be transferred to the next day. Buyers of currency will have an option to withdraw only during the next day.
Changes in Trading time from 17 June 2024:
| Currency pair | Instrument type | Trading modes | Trading hours |
|---|---|---|---|
| AMD/RUB USD/AMD KGS/RUB USD/KGS TJS/RUB USD/TJS KZT/RUB USD/KZT TRY/RUB USD/TRY ZAR/RUB USD/ZAR UZS/RUB EUR/RUB USD/EUR BYN/RUB |
T+0 | Main Board | 07:00 – 17:45 |
| Negotiated Board (different settlement codes) |
07:00– 19:00 | ||
| Negotiated Board (one settlement code) |
07:00 - 23:50 | ||
| T+0/t+1 | Main Board | 07:00 - 18:00 | |
| Negotiated Board (different settlement codes) |
07:00– 19:00 | ||
| Negotiated Board (one settlement code) |
07:00 - 23:50 |
Useful links:
- Trading Schedule FX and Precious Metals Markets
- Time Specification for Total Net Obligations /Net Claims
Reverse currency pairs in CPCL
New instruments TOD, TOM, TODTOM of currency pairs RUB/KZT, RUB/BYN, RUB/KGS, RUB/UZS are added in the CPCL.
| Instruments | Submission of offers in CPCL (pre-trade) | Conclusion of trades in CPCL (pre-and post-trade) |
|---|---|---|
| RUBUZS_TOD RUBUZSTDTM RUBKGS_TOD RUBKGSTDTM RUBKZT_TOD RUBKZTTDTM RUBBYN_TOD RUBBYNTDTM |
07:00 – 18:30 | 07:00 - 19:00 |
| RUBKZT_TOM RUBBYN_TOM RUBKGS_TOM RUBUZS_TOM |
07:00 – 23:00 | 07:00 - 23:50 |
Useful links:
Innovations of the FX market since June 3
Extension of trading time in Negotiation Board with different settlement codes
Trading time in Negotiated Board with different settlement codes will be extended since June 3.
Trading schedule FX and Precious Metals Markets since June 3:
- from 6:50 up to 7:00 –opening auction;
- from 7:00 up to 10:00 – Average weighted deals (instruments USDRUBWAP0, USDRUBWAPV, CNYRUB_WAP0 and CNYRUB_WAPV);
- from 7:00 up to 19:00 – Trading period of the Main Board;
- from 7:00 up to 23:50 – deals in Negotiated Board with one or different settlement codes and Clearing of OTC trades with CCP (CPCL mode).
Useful links:
Innovations of the FX market since March 18
Change of trading time for CNY and HKD
Trading time of CNY and HKD TOD and TODTOM instruments will be changed in the Main (CETS, CNGD) and Negotiated (CPCL) Boards since March 18.
However, the cut-off time of the correspondent bank for crediting funds to the NCC account does not change: https://www.nationalclearingcentre.ru/catalog/0218
Parameters of instruments:
| Board | Instrument | Trading mode | Trading time (before 18.03.2024) | Trading time (after 18.03.2024) |
|---|---|---|---|---|
| CETS | HKDRUB_TOD | TOD (T+0) | 07:00 – 10:45 11:02 – 17:45 |
07:00–17:45 |
| CNYRUB_TOD USDCNY_TOD |
07:00 – 12:15 12:32 – 17:45 |
|||
| HKD_TODTOM | O/N | 07:00 – 11:00 11:02 – 18:00 |
07:00 – 18:00 | |
| CNY_TODTOM USDCNYTDTM |
07:00 – 12:30 12:32 – 18:00 |
|||
| CNGD | HKDRUB_TOD USDHKD_TOD |
TOD (T+0) | 07:00 – 11:00 11:02 – 19:00 |
07:00–19:00 |
| CNYRUB_TOD USDCNY_TOD |
07:00 – 12:30 12:32 – 19:00 |
|||
| HKD_TODTOM USDHKDTDTM |
O/N | 07:00 – 11:00 11:02 – 19:00 |
||
| CNY_TODTOM USDCNYTDTM |
07:00 – 12:30 12:32 – 19:00 |
|||
| CPCL | HKDRUB_TOD USDHKD_TOD |
TOD (T+0) | Pre-trade: 07:00 - 10:30 Post-trade: 07:00 - 11:00 |
Pre-trade: 07:00 - 18:30 Post-trade: 07:00 - 19:00 |
| CNYRUB_TOD USDCNY_TOD |
Pre-trade: 07:00 - 12:00 Post-trade: 07:00 - 12:30 |
|||
| HKD_TODTOM USDHKDTDTM |
O/N | Pre-trade: 07:00 - 10:30 Post-trade: 07:00 - 11:00 |
||
| CNY_TODTOM USDCNYTDTM |
Pre-trade: 07:00 - 12:00 Post-trade: 07:00 - 12:30 |
Useful links:
Innovations of the Precious metals market since March 4:
The change of GLD/RUB price tick:
Since March 4 the price tick of GLD/RUB (Gold/Russian ruble) is changed:
- Price tick is changed for SPOT-instrument of GLDRUB_TOM for Main Board (CETS) from 0,01 to 0,1;
- Price tick is not changed for SPOT-instruments of GLD/RUB for other boards (CNGD CPCL, LICU and others);
Parameters of instruments:
| Instrument | Price tick before 04.03.23 | Price tick after 04.03.23 |
|---|---|---|
| GLDRUB_TOM | 0,01 | 0,1 |
Useful links:
Lot size Instrument
Innovations of the FX market since February 19:
Extension of trading time for BYN/RUB
Trading time of BYN/RUB TOD and TODTOM instruments will be extended in the Main (CETS, CNGD) and Negotiated (CPCL) Boards since January 22.
Parameters of instruments:
| Instrument | Trading mode | Trading time (after 22.01.2024) |
|---|---|---|
| BYNRUB_TOD | Main Board | 07:00 - 15:00 |
| Negotiated Board (different settlement codes) | 07:00 - 15:15 | |
| Negotiated Board (one settlement code) | 07:00 - 23:50, maintenance break 12:30:00 – 12:30:01 |
|
| Clearing of OTC trades with CCP (CPCL mode) | Conclusion of trades (pre-trade and post-trade): 07:00 - 15:15 Submission of offers in CPCL (pre-trade): 07:00 – 14:45 |
|
| BYN_TODTOM | Main Board, Negotiated Board (different settlement codes) |
07:00 - 15:15 |
| Negotiated Board (one settlement code) | 07:00 - 23:50, maintenance break 12:30:00 – 12:30:01 |
|
| Clearing of OTC trades with CCP (CPCL mode) | Conclusion of trades (pre-trade and post-trade): 07:00 - 15:15 Submission of offers in CPCL (pre-trade): 07:00 – 14:45 |
Useful links: