Category: Московская Биржа

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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January 19, 2026

16:41

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by the National Credit Center (JSC) on 19.01.2026, 16:41 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -61.01%), the transfer rate and the range of interest rate risk assessment (up to -1.593 rubles, equivalent to a rate of 84.41%) of the SFIN security (SEFAI JSC) were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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Parameters;

The date of the deposit auction is 20.01.2026. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 2,300,000,000.00. Placement period, days 31. The date of depositing funds is 20.01.2026. The date of return of funds is 20.02.2026. The minimum placement interest rate, % per annum is 15.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 2,300,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 10:30 to 10:40. Competitive bids from 10:40 to 10:50. The cutoff percentage will be set or the auction will be declared void by 11:30.

Additional conditions.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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Since December 15, 2025, the Identifier Management section of the LKU has been updated to allow for independent management of identifiers with clearing powers in OTCM mode on the foreign exchange market.

Added parameters for identifiers with clearing powers:

Selecting the type of authority for the OTCM mode (observation or observation and conclusion of OTC transactions); specifying the available OTCM instruments.

When clearing powers are disabled or login is cancelled, all powers for OTC modes are automatically removed.

For previously created identifiers in the clearing system for the OTCM mode, default settings (authorities to monitor and conclude transactions) are set.

The CUX83 Trader ID Authority Report has been updated to include information about the OTCM mode, including the ID access type.

The changes simplify setting up access to the new trading mode and increase the transparency of account management.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 19, 2026

15:21

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the NCC (JSC) on 19.01.2026, 15-21 (Moscow time), the values of the upper limit of the price corridor (up to 105.05) and the range of market risk assessment (up to 1116.77 rubles, equivalent to a rate of 7.5%) for the security RU000A0ZYFM5 (DOM.RF B-8) were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 19, 2026

11:12

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by the NCC (JSC) on January 19, 2026, 11-12 (Moscow time), the values of the upper limit of the price corridor (up to 1056.8) and the range of market risk assessment (up to 1195.828 rubles, equivalent to a rate of 41.25%) of the SFIN (SFAI JSC) security were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Moscow Exchange became one of the first issuers to receive a non-credit rating from the National Credit Ratings Agency (NCR). MOEX shares have a target price of 226 rubles, representing a 39% return potential.yu1sch until the end of 2026, including dividends. The calculation is based on fundamental analysis.

The National Committee of the Russian Stock Exchange (NCR) noted Moscow Exchange's leading position in the Russian capital market, the stability and diversification of its business model, the active development of new products, and its proven dividend history. The NCR also highly praised the Exchange's investor protection, reflecting the quality of its corporate governance.

Anton Terentyev, Director of Investor Relations at Moscow Exchange:

"The rating represents a nearly 40% return potential for Moscow Exchange shares, confirming the sustainability and viability of our business model. We are pleased that, as a result of our proactive work and ongoing dialogue with the investment community, Moscow Exchange is among the first few companies to receive non-credit ratings. By participating in the new ratings system, the exchange has sent a positive signal to investors and set a benchmark for other Russian issuers."

The methodology for assigning the NCR non-credit rating to public company shares has been approved by the Bank of Russia. The scale was developed to help investors better navigate securities on the Russian market. For issuers, the rating also serves as a signal for improving corporate governance and adhering to investor protection practices.

Non-credit ratings became a logical continuation Shareholder Value Creation Programs, which was launched in 2025 by the Bank of Russia jointly with the Moscow Exchange. As part of the program, the exchange calculates and publishes Moscow Exchange Value Creation Index, including securities of issuers with high growth potential.

Moscow Exchange is Russia's largest exchange and the only multifunctional platform for trading stocks, bonds, derivatives, currencies, money market instruments, and commodities. The Moscow Exchange Group includes a central depository and a clearing center that acts as a central counterparty in the markets, enabling Moscow Exchange to provide its clients with a full range of trading and post-trading services.

yu1sch Relative to the closing price on January 16, 2026. Media contact: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

The total trading volume on the Moscow Exchange derivatives market increased by 45% in 2025, reaching 145.2 trillion rubles (compared to 99.9 trillion rubles in 2024). The volume of open positions at the end of the year increased by 41%, reaching 2.4 trillion rubles (compared to 1.7 trillion rubles in 2024).

In 2025, futures and options transactions on the Moscow Exchange were concluded by 483,000 client accounts (22% of the 2024 total). 125,000 new unique clients began trading in 2025.

Maria Patrikeeva, Managing Director of the Moscow Exchange Derivatives Market: “In 2025, we continued to actively develop services and introduce new products, which became a significant factor in the growing popularity of the Moscow Exchange derivatives market. Trading began on 31 new instruments, including contracts on exchange-traded funds tracking country indices, futures on European natural gas, coffee, and orange juice. Bitcoin and Ethereum futures were made available to qualified investors, the range of perpetual futures was expanded to include a contract on a government bond index, and trading on contracts on Russian company shares began. A total of 89,000 clients, or almost one in five active clients, traded on these new instruments last year, with a combined trading volume exceeding 420 billion rubles.”

Extension of trading hours

Since August 2025, Moscow Exchange derivatives market participants and their clients have been able to execute derivatives trades on weekends. Since the launch of trading, 80,000 unique clients have executed weekend trades, 72% of which were individuals. Total weekend trading volume in 2025 amounted to 444 billion rubles.

Morning, evening, and weekend trading accounted for 22% of total trading volume in 2025. A large share of trading volume during additional sessions is accounted for by individuals.

Private investor activity

The total trading volume of retail investors increased by 31% in 2025, reaching 78.4 trillion rubles, or 48% of the total trading volume in the futures and options market. Commodity contracts were the most popular segment among individuals, accounting for 35% of their trading volume, followed by foreign exchange instruments at 33% and index derivatives at 32%.

The TOP-10 most popular instruments in individuals' portfolios as of the end of 2025 included quarterly silver futures (SILV), US dollar-Russian ruble (Si) and Chinese yuan-Russian ruble (CNY) currency pairs, the Henry Hub gas contract (NG), perpetual futures on the Moscow Exchange Index (IMOEXF), perpetual futures on the US dollar-Russian ruble (USDRUBF) and Chinese yuan-Russian ruble (CNYRUBF) pairs, quarterly gold futures (GOLD), as well as quarterly futures on the Moscow Exchange Index (MXI and MIX).

Record trading volumes

In 2025, commodity contracts reached a record volume of 44.4 trillion rubles (a 31% increase compared to 2024). The main factor driving this was the rapid growth in precious metals derivatives trading on the Moscow Exchange, which grew by 80% compared to 2024, reaching 25.2 trillion rubles.

• The average daily trading volume of platinum futures (PLT) amounted to 5 billion rubles (a 14-fold increase compared to 2024) and palladium (PLD) – 3.5 billion rubles (a six-fold increase compared to 2024). The historical maximums of the average daily volume were recorded in December 2025 – 17 billion and 7 billion rubles, respectively.• The average daily trading volume of silver futures (SILV) at the end of 2025 more than doubled to 17.4 billion rubles compared to 2024. The record trading volume occurred in December 2025 – 70 billion rubles.• The average daily volume of transactions with gold futures (GOLD) increased by 52% compared to the previous year and reached 66.3 billion rubles, a record of 145 billion rubles was set in October.

The number of transactions with precious metal derivatives in 2025 almost doubled (49 million transactions), and the number of individuals and legal entities involved in transactions increased by 25% (to 124 thousand) and 62% (to 1.1 thousand), respectively.

Moscow Exchange Derivatives Market Moscow Exchange is a leading derivatives trading platform in Russia and Eastern Europe, combining advanced infrastructure, reliability, and guarantees, as well as state-of-the-art futures and options trading technologies. Today, the Moscow Exchange derivatives market trades 41 stock options, 3 currency options, a gold option, an index option, and over 150 futures contracts and options on them, with underlying assets including stock indices, stocks, currency pairs, precious and industrial metals, oil, gas, and other commodities, as well as interest rates.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 19, 2026, 10:09 AM

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the National Credit Center (JSC) on January 19, 2026, 10:09 (Moscow time), the values of the upper limit of the price corridor (up to 123.16) and the range of market risk assessment (up to 1334.74 rubles, equivalent to a rate of 21.25%) for security RU000A10B0T2 (RZhD 1P-39R) were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 16, 2026, 1:48 PM

In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by the NCC (JSC) on January 16, 2026, 13:48 (Moscow time), the values of the upper limit of the price corridor (up to 105.01) and the range of market risk assessment (up to 1113.16 rubles, equivalent to a rate of 7.5%) for the security RU000A0ZYFM5 (DOM.RF B-8) were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 16, 2026, 2:47 PM

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by the National Credit Center (JSC) on 16.01.2026, 14-47 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -35.44%), the transfer rate and the range of interest rate risk assessment (up to -0.85 rubles, equivalent to a rate of 56.18%) of the ASTR security (iAstra JSC) were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.