BT connects Moscow to Brics Exchange Alliance

Source: BT

BT today announced that members of the Moscow Exchange MICEX-RTS ("Moscow Exchange") can now use the BT Radianz Cloud to access trading in a range of new cross-listed derivatives products launched by the BRICS Exchanges Alliance.

International investors and market data vendors can also use the BT Radianz Cloud to access market data covering these products that is produced by the Moscow Exchange.

Moscow Exchange is one of five members of the BRICS Exchanges Alliance that now cross-list derivatives products based on Brazil's Bovespa Index, Russia's MICEX Index, the BSE India Sensitive Index, Hong Kong's Hang Seng Index, the Hang Seng China Enterprises Index and South Africa's JSE Top40 Index.

This multi-exchange agreement to cross-list derivatives products is designed to boost liquidity in these products and strengthen the position of the exchange alliance within the global financial community.

Sergei Sinkevich, Managing Director, Primary Market and Globalization, Moscow Exchange, said: "It is crucial that domestic and international investors can access these products quickly and seamlessly and that there is international transparency of trading in these instruments. We see that making access to trading and market data available to the BT Radianz Cloud Community will ensure we achieve these goals. It can also help members of the other exchanges in the BRICS Exchanges Alliance."

Tom Regent, president, global banking & financial markets and sales & marketing, BT Global Services, said: "Our customers continue to see great investment opportunities in the BRICS markets. We are delighted to build on our long-standing relationship with Moscow Exchange MICEX-RTS, and to support the BRICS Exchanges Alliance, by working with them on this new market development."

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