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Overlooking central Moscow’s jumble of architectural relics this summer, Andrey Sizov says his industry might have reached a nadir: it is only up from here. It is a particular kind of optimism from the head of Aton Capital, the brokerage arm of one of the oldest investment companies in Russia.
In Sizov’s view, if fundamental changes to global prices in fixed income, currency and commodities entail a big devaluation of the rouble it might mean a longer-term rise in trading volumes in Russia.
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