Forex encyclopedia

Russian National Association of Securities Market Participants (NAUFOR) currently undertakes an active part in elaborating suggestions related to Forex regulation in Russia. Russian National Association of Securities Market Participants (NAUFOR) is a Russian Self-regulatory organization including companies with licenses of a professional participant of securities market or management company. History of this regulating body contains several stages. In 1994 year 15 companies having top positions on stock exchange market united within framework of Professional Association of Securities Market Participants setting its main goal in introducing unified rules of processing finance documents and supporting information openness in financial sphere. On November 30th of 1995 year Russian Self-regulatory organization was declared, whereas June, 21, 1996 is considered its official date of registration. By the moment Federal Financial Markets Service and NAUFOR represent an example of 2-level structure purposed to regulate financial market, which can be employed for the Forex market.
Producer price index (PPI) embraces all stages of production starting from commodities and ending with retail. To measure index, change in price for about 3450 kinds of goods at various stages of production is analyzed. The closest attention is paid to the price for final good, because it gives the most probable price for goods that are ready for sale. Wholesale prices are taken into account. Measurement does not take into account import goods and services, but accounts for the cost of import commodities and component kits.
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Forex encyclopedia
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