(Bloomberg) -- Russia's National Clearing Center,
owned by the Moscow Interbank Currency Exchange, agreed to start
clearing the exchange's currency trades, valued at more than $1
trillion a year.
The clearing center also plans to handle over-the-counter
currency trade between banks, broadening the range of currency
deals that generate fees for the exchange, which is known as the
Micex.
Read more at Bloomberg Currencies News
owned by the Moscow Interbank Currency Exchange, agreed to start
clearing the exchange's currency trades, valued at more than $1
trillion a year.
The clearing center also plans to handle over-the-counter
currency trade between banks, broadening the range of currency
deals that generate fees for the exchange, which is known as the
Micex.
Read more at Bloomberg Currencies News
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