Moscow Exchange plans to launch a separate trading mode for non-residents at the end of June. Withdrawal of funds for them will still be unavailable, Interfax reports citing sources.

According to the agency, brokers are already preparing appropriate IT solutions to provide an opportunity to trade in this mode to their “blocked” non-resident clients.

“The Moscow Exchange is developing a mechanism to provide non-residents with operations on the exchange’s markets permitted under the current regulation, including using C-type accounts. The launch date of the service will be determined after testing by participants, harmonization and introduction of necessary amendments to existing regulatory documents and regulations of the exchange,” the exchange’s press service said.

The sources also explained that a separate section will be designed only for non-residents, and trades will be held with other non-residents. Russian investors will not be there to avoid arbitrage. Foreigners will be able to withdraw rubles received from the sale only to Russian accounts of type C, but their withdrawal abroad will not be available.