HNX, Moscow Exchange sign MoU on cooperation

The Hanoi Stock Exchange and the Moscow Exchange (MOEX) signed a Memorandum of Understanding on cooperation within the framework of the 22nd Capital Market Development Forum in Moscow on April 10.
HNX, Moscow Exchange sign MoU on cooperation ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The Hanoi StockExchange and the Moscow Exchange (MOEX) signed a Memorandum of Understanding (MoU)on cooperation within the framework of the 22nd Capital MarketDevelopment Forum in Moscow on April 10. 

Speaking at the signing ceremony, MOEXChairman of the Executive Board and CEO Alexander Afanasiev said over the past18 years, the securities market has contributed to the development of Vietnam –one of the fastest-growing and most vibrant economies in Asia-Pacific, addingthat MOEX plans to expand ties with markets in Asia.

He said the MoU will open up newopportunities for Russian investors and offer Vietnam an insight into theRussian securities market and bourse model.

Deputy Chairwoman of the HNX Board of ManagementNguyen Thi Hoang Lan lauded MOEX as not only a large-scale securities boursebut also a hub of great ideas to run Russia’s securities market and economy.

She said through the MoU, Vietnam will learnabout MOX’s experience in developing investment funds, stocks and debts,transaction and monitoring system and corporate governance.

According to the World Federation ofExchanges and Bloomberg, MOEX is the world’s second largest bond market, thefifth largest derivative market, the 13th largest stock market interms of capitalisation and ranks among 25 markets globally by total volume ofequities traded.

Following the signingceremony, both sides held a working session to discuss experience in operatingstock, bond, derivatives and goods markets.-VNA
VNA

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