ICAP – Supporting Russia and the Ruble ACI Russia General Assembly Moscow.

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ICAP – Supporting Russia and the Ruble ACI Russia General Assembly Moscow

Transcript of ICAP – Supporting Russia and the Ruble ACI Russia General Assembly Moscow.

Page 1: ICAP – Supporting Russia and the Ruble ACI Russia General Assembly Moscow.

ICAP – Supporting Russia and the Ruble

ACI Russia General Assembly Moscow

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IEB in Russia (updated March 2010)

• EBS products in use in Russia

EBS Spot

EBS Prime Customer

EBS Prime of Prime

EBS Regional Prime

EBS Spot Ai

EBS GA

EBS Split Floor• RUB products on EBS

Spot USD/RUB (T+1)

1M RUB NDF

Spot EUR/RUB (T+1)

Basket RUB

• 20 live bank customers• 4 contracted awaiting deployment• 11 customers in contract negotiation• 11 customers have received contract packs• 40 live customers by fiscal year end 2011 (this includes the top 20 banks in Russia)

Globally 181 dealing codes have input RUB SSI into EBS

and 60 customers have dealt in EBSRUB products (incl. 13 Russian

banks)

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Ruble Product Split on EBS

Ruble Currency Pairs ADV USD (bn)

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Ruble Regional Split

Ruble Currency Pairs ADV USD (bn) – By Region

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Ruble Counterparty Growth

ADV USD (mil) and Average Counterparties

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Ruble Trading Counterparties

Maker Taker Relationships Russia v Offshore

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ICAP CONFIDENTIAL 7

Ruble Currency Pairs

Ruble Currency Pairs Split

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Selected Russian Traders on EBS

Selected Russian Based Traders – Currency Split – ADV USD (mil) – Weekly

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EBS Russian Focus

• Primary emerging market focus for EMEA

• International Rouble Settlement Forum

• Central Bank

• MICEX

• BKTRUB unique to EBS platform

• EBS Global Access and Split Floor

“EBS is the only international platform pushing hard to help

globalise RUB products and expand their offering in Russia.”

Sergey Romanchuk – President, ACI Russia

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EBS – Award-winning Technology

• Best Electronic Broker 2009 - FX Week Awards

• Best Industry Trading Platform – Risk Awards

• Best OTC trading system – Financial News Awards for IT

Excellence

• Best algorithmic trading service – Financial News Awards

for IT Excellence

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ICAP CONFIDENTIAL 11

Why Take EBS for RUB in Russia?

• Central Bank of Russia has EBS Spot access

• After (MICEX) hours trading

• Peer pressure

• View and trade with a diverse international trading community

• The leading spot FX OTC trading venue for ruble globally

• Highly-competitive brokerage

• Only e-trading venue in the world for BKT/RUB

• View and trade on most liquid and reliable G7 rates in the world

• Access to RUB tradable currency pairs

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ICAP – Supporting Russia and the Ruble

ACI Russia General Assembly Moscow – 18th March 2010

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