The new service will allow market participants to manage efficiently currency risks and liquidity, supporting new business developments by companies and attracting other customers.
According to the company, the technological reliability and broad range of opportunities of the FORTS and RTS Standard are the base of RTS Money service. Positions on FORTS and RTS can be consolidated in the clearing and settlement processes.
RTS Money addresses the currency risk management elements of this activity, and reduces the collateral costs.
Within the framework of this project market participants can execute foreign exchange transactions with RTS Settlement Chamber using partial advanced depositing of assets, said the company.
RTS CEO Roman Goryunov said establishing RTS Money service will improve considerably the appeal of the Russian market for international investors, providing the opportunity to manage currency risks while trading on the stock market.
"This opportunity is one of the main requirements of global investors in the Russian markets, and the implementation of RTS Money will enhance market liquidity.
"During periods of high volatility on currency markets this service will be attractive for both international and Russian investors," Goryunov said.
