Archive for July 2010

Russian rouble holds firm

Jul 27th, 2010 | By | Category: Rouble News

Helped by preparations for local tax payments and a rise in oil prices, sick the Russian rouble hit a 10-week high against the dollar yesterday. Oil prices, the rouble's main driver, held above $77 per barrel thanks to improving risk appetite and fears of disruptions in oil and gas operations in the Gulf of Mexico [...]

Otkritie launches trading platform

Jul 13th, 2010 | By | Category: Rouble News

A new trading platform allowing foreign investors to execute trades on the rouble-denominated Micex exchange without pre-depositing the cash or stock first, rx has been launched. Otkritie, one of Russia's largest brokers, has launched the platform, which allows investors to trade using 'direct market access' (DMA), a means for them to get access to the [...]