Thursday May 25 2017
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Moscow Exchange (MOEX) has expanded further the scope for collaboration with the Shanghai Stock Exchange (SSE) as the two exchanges signed a strategic cooperation agreement during a meeting in Moscow on 22 May 2017.
The strategic cooperation agreement focuses on a number of areas of shared interest to MOEX and SSE that can support and facilitate the further development of the two exchanges.
Under the agreement, MOEX and SSE will, for example, work on educating market participants and investors on the Chinese and Russian market, enhance collaboration in market data, develop and launch RMB and Rouble quoted products as well as facilitate mutual products, as part of a wider effort to provide efficient financing services to the Belt and Road initiative.
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