And now, Eurex has a short story about Russia for us…

Once upon a time, there was a Russian hedge fund manager who could barely go short - not even mildly could he express a negative view on the market, or on stocks, via his equity portfolio. Oh woe was him.

However, his 'magic frog' has just appeared in the form of Eurex, which in April launched a suite of index and single-stock derivatives products for going short of Russia, thus potentially allowing hedge fund managers more closely to hedge their long positions.

Hedge fund managers and mutual