Source: Moscow Stock Exchange
On 6 May 2019, trading in Exchange Traded Funds (ETFs) under the Finex ETF and ITI Funds brands will migrate to a T+2 settlement cycle in USD without full collateral required. · Nine FinEx ETFs will be transferred from the order book with same day settlement in USD (board ID: EQTD) to the order book with settlement on T+2 in USD (board ID: TQTD); trading in the ETFs in EQTD board will be terminated;· Two ITI Funds ETFs will be admitted to trading with settlement on T+2 in USD.
Investors will then be able to trade ETFs both in RUB and USD with a unified T+2 settlement cycle.
The move will help reduce costs for investors as they will no longer need to convert currency to trade the ETFs, as well as expand the list of brokers providing investments in ETFs denominated in foreign currency.
Currently, trades in FinEx ETFs are settled same day in USD, ITI Funds ETFs are settled only in RUB.
FinEx MSCI Australia UCITS ETF
FinEx MSCI CHINA UCITS ETF
FinEx Gold ETF USD
FinEx MCSI Japan UCITS ETF
FinEx RTS UCITS ETF USD
FinEx Rus Eurobonds ETF (USD)
FinEx USD CASH EQUIVALENTS ETF
FinEx MSCI USA UCITS ETF
FinEx MSCI USA IT UCITS ETF
ITI FUNDS RUSSIA-FOCUSED USD
ITI FUNDS RTS EQUITY ETF
For more details, please follow this link.
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