WOOD Flash – Moscow Exchange: 2020-24 Strategy – higher dividend payout ratios, F&C growth >10% yoy
Today (15 October), Moscow Exchange (MOEX) announced its Strategy 2024 document. The document outlines five priorities:Core Markets Penetration: increasing access, extending trading hours, and further broadening its product and service offering. MOEX intends to intensify its cooperation with investors and issuers to attract equity and bond placements.
Culture of Innovation, Trust and Responsibility: shortening the time for marketing new products and services, as well as improving the cyber safety of key systems by talent attraction and authority delegation.
Market Gateway: expanding the product and services offering in order to attract more institutional and retail investors, and allowing brokers and banks to offer their services through a single information field. Consequently, MOEX expects 100% growth in the number of the retail investors in the medium term.
Balance Sheet Management: MOEX will introduce services aimed at liquidity, order execution and post-trade settlement in a single interface. In the company’s view, this should result in the enhancement of liquidity on the money, FX and derivatives markets, and attract new clients.
Financial Platform: expanding NSD’s capabilities for saving instruments and information assets.
Moskovskaya Birzha MMVB-RTS PAO. Moskovskaya Birzha MMVB-RTS PAO (MMVB-RTS OAO) is a Russia-based integrated stock exchange that provides electronic trade organization, clearing and settlements on trades, depository and information services. The Company provides trading and settlement services in such segments of the financial market as foreign exchange (FX) market, federal bonds market, market of derivative financial instruments, cash equities market, corporate and regional fixed income market, commodities market, as well as market for state and municipal orders. The Company was established as a result of the merger between MMVB ZAO and RTS OAO. It operates through six branches and three representative offices. As of February 27, 2013, the Company's major shareholder was the Central bank of the Russian Federation with a stake of 22.47%. In January 24, 2014, the Company sold its whole stake in MMVB-IT ZAO.
WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
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