Bloomberg Tradebook halts RUB dealing

Margin requirements surge in interbank and retail markets

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Bloomberg Tradebook has informed customers that it would temporarily halt trading in both USD/RUB and EUR/RUB, according to a memo seen by FX Week.

"We are temporarily turning of (sic) dealing for USDRUB and EURRUB," said the email.

The platform was unavailable to comment immediately.

The development comes after a day of unprecedented trading conditions in the Russian ruble, which has seen a host of retail broker pulls back from trading altogether, as well as a huge jump in trading costs as a

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