Russian Central Bank grants stock exchange license to Central Trading System

MOSCOW. Sept 12 (Interfax) - The Central Bank of Russia on September 12 granted a license to Central Trading System (CTS) exchange, the CBR said.

CTS received a trading system license in 2021, allowing it to conduct organized commodity trading.

"Obtaining an exchange license allows us to increase the volume of liquidity in the spot commodity market, attract new trading participants, whose industry regulation requires them to conclude transactions on exchange trading, and expand the list of available markets and instruments," the exchange said.

CTS is now the seventh organization with an exchange license.