Moscow Exchange Details Clearing and Settlement for Bitcoin, Ether and USDT Trades

Moscow Exchange (MOEX) has set out how its planned crypto market will work, saying trades in bitcoin, ether and USDT will go through the group’s central clearing and can settle the same day or the next day once the venue opens on Dec. 1 . From Dec. 1, clients will be able to trade with same-day (TOD) and next-day (TOM) settlement , and use swaps to manage liquidity. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter . Why It Matters Routing crypto through the National Clearing Centre (NCC) lets brokers already connected to MOEX reach bitcoin through the clearing and settlement setup they use for securities, instead of a separate venue.

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