BrokerCreditService gets to top spot in Moscow bourse derivatives trade

BCS-office-view By Andrei Skvarsky.

Russia’s BrokerCreditService (BCS) has taken the number one spot by derivatives trading volumes at Moscow Exchange for May, pushing rival Moscow broker Otkritie down to second place.

BCS, which set up an office in London from scratch less than a year ago, posted a turnover of 1.82trln rubles ($57bn) in the bourse’s Futures and Options (FORTS) unit for last month, according to Moscow Exchange statistics.

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