Chiefs at Russia’s RTS Stock Exchange, the Ukrainian Exchange and Kazakhstan’s Regional Financial Centre (RFCA) reveal that they are looking into launching more exchange-traded funds (ETF), indexes and other derivatives contracts across commodities...
The decline in the rouble led to a boom for Russian derivatives exchanges earlier this year, but local conditions mean growth is unlikely to continue.
Forex derivatives volumes have soared in Russia as investors react to the plunging value of the rouble.
Trading volumes on Russia’s two main stock exchanges, Russian Trading System (RTS) and the Moscow Interbank Currency Exchange (Micex), were significantly down in October, following plunging commodity prices and a worsened global financial outlook.
Roman Goryunov, chief executive of the Russian Trading System (RTS) stock exchange, predicted a good year ahead for the Russian derivatives markets in an exclusive interview with Risk .