From 20th January 2014, Moscow Exchange is introducing a minimum 25 RUB commission on orders under 50 lots on the FX Market. The introduction of minimum commission for smaller orders is aimed at balancing the interests of market participants and improving order book quality on the Moscow Exchange. Commission size, calculation methodology, and feasibility of the new initiative were approved by the FX Market Committee, Executive Board and Supervisory Board of the Moscow Exchange.
FTSE Mondo Visione Exchanges Index:
Improving FX Market's Order Book Quality On The Moscow Exchange
Date 23/12/2013