MICEX to increase the capital of the National Clearing Centre.
The MICEX Group launches a new pattern of clearing involving a central counterparty, Commercial Bank “The National Clearing Centre”, in the exchange-based currency market.
As of 10 December the MICEX introduces a new order of concluding transactions with the use of centralized clearing through NCC in the MICEX exchange-based currency market.
NCC Authorized Capital Is Increased to 700 Million Rubles.
Leading banks — operators of the currency market, the Bank of the Russia, the MICEX and the NCC have signed a trade agreement regulating the order and terms of purchase and sale of foreign currency on the MICEX.
National Clearing Centre Opens Correspondent Accounts with Foreign Banks.