Strategic priorities 2015-2020

Key objectives of the Group’s Strategy for 2015-2020

Substantially increase revenues from classic infrastructure services and create new trading markets

Launch of trading in FX fixing instruments
Creation of the Growth Sector to attract SMEs to raise capital via the exchange
Launch of weekly options on USD/RUB futures contracts and the RTS Index
Launch of trading in sugar and swaps contracts on grain
Changes in the index methodology, raising security liquidity requirements and enabling a floating number of shares in the indices

Improve operational efficiency and streamline the Group’s business processes

Batch client registration introduced in all markets
More functionality added to the Trading Participant Online Account service that allowed paperless document submission
Derivatives Market tariff reform completed to align tariffs and fees across MOEX markets

Complete upgrade of key elements of the Russian financial market infrastructure in accordance with evolving international standards

Alignment of local financial market practices with international standards in terms of key aspects relevant for foreign investors
Developing the NSD product offering
Streamlining of exchange interfaces for market participants and investors in line with best global practices
Promoting better corporate governance at Russian companies

MSCI, the global index provider, started using MOEX’s closing auction prices to calculate its indices
Clients of trading members on the FX and Equity & Bond Markets were offered Sponsored Market Access (SMA)
The listing reform was completed with the quality of corporate governance practices in public Russian companies substantially improved
E-voting service was developed to provide shareholders with remote access to meetings
Valuation Centre established by the NSD was accredited by the Bank of Russia

Develop the local investor base and facilitate greater liquidity of the Russian financial markets

Launch of DMA for corporates on the Money and FX Markets. By the end of 2017, 34 corporates were registered on the Money Market and 20 corporates on the FX Market
Streamlining bond issuance procedures
A new bond type: bond for public
Extension of maturities of GCC repos and deposits with the CCP to up to one year
Non-government pension funds can now invest in the IIM-Prime segment’s issuers
About 400 events were held for retail investors, including Invest Trial and Best Private Investor competitions as well as FINFAIR, a large scale retail event in Moscow
Internet portal for new retail investors, was launched
Moscow Exchange Forums were held in Moscow, New York, London and Shanghai

Develop an advanced comprehensive system for managing risks, collateral pool and settlements extending to all Group markets

The first phase of the Unified Collateral Pool project, enabling unified account technology, was completed. Market participants can now benefit from:

An option to substitute cash posted as collateral for securities on the FX and Derivatives Markets;
Cross market collateral management;
Synchronization of clearing and settlement sessions;
Netting of RUB settlement across markets.