From September 12, the Moscow Exchange opens the stock market for non-residents from “friendly” countries. Such information appeared on Monday on the official website trading platform.
In addition to non-resident clients from friendly countries, transactions on the stock market will also be possible for non-residents controlled by legal entities or individuals from Russia.
Also, these clients can now make repo transactions with the CCP with shares and bonds.
“From September 12, 2022, the Moscow Exchange will provide the opportunity to make transactions on the stock market to non-resident clients from countries that are not hostile, as well as to non-residents controlled by Russian legal entities or individuals”the message says.
The Moscow Exchange said in a statement that clients associated with unfriendly countries will be able to make transactions with papers, with the exception of shares of strategic and a number of other enterprises specified by the decree of Russian President Vladimir Putin.
