Russian / CIS exchanges to launch more derivatives contracts

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The heads of Russia's first regulated stock market, Ukraine's incumbent stock exchange and Kazakhstan's RFCA have revealed that they are all looking at launching more indexes, exchange traded funds (ETFs) and other types of derivatives contracts, in order to capitalise on investor appetite for more commodity-based and other asset class trading instruments. "Indexes are becoming more important to the wider financial markets and are becoming increasingly more popular for investors, as it enable