Following the recent move by the Central Bank of Russia (CBR) to restrict the sale of derivatives and structured products to non-qualified investors by financial intermediaries, SRP spoke to one of the main brokers in the market.
The announcement from the Bank of Russia, although a recommendation, has had a profound impact on the market, according to Anton Plyasunov (pictured) , head of Structured Products Factory at Otkritie - part of the Otkritie Group. “It kept top managers of big investment houses busy on the New Year’s Eve and halted sales of any investment product with structured component to non-qualified retail investors in the whole country,” he says. “Sales of capital guaranteed bonds w
Continue reading with a subscription to the SRP market intelligence platform.
Request DemoAlready a subscriber? Login