Citi Clients to Get DMA and Algos Trading in Moscow


Citi plans to begin offering clients algorithmic trading and direct market access (DMA) to securities traded on the Moscow Exchange this month.

The exchange has migrated to T+2 trade settlement and has established central clearing as well as a centralized trade depository, opening itself up for DMA.

"The exchange has recently introduced a series of structural enhancements which have significantly improved the trading and settlement process in this market," says Andrew Thompson, Citi's EMEA head of equities. "We have been thoroughly preparing our platform for these changes and are pleased to be one of the first brokers to offer electronic trading on this venue to clients."

Citi Russia has fully-fledged local investment banking capabilities as well as integrated equity brokerage operations. ZAO Citibank was one of the first banks with foreign capital to enter the Russian market back in 1992.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: