The Moscow Stock Exchange launches trading in ruble gold futures. Transactions under contracts can be made from June 28. Gold is among the top 5 derivatives market instruments of the Moscow Stock Exchange with a daily trading volume of more than 25 billion rubles.
The Moscow Stock Exchange launches trading of gold futures in rubles from June 28. This was reported by the press service of the site.
Contracts with execution in September and December of the current year, as well as in March and June of the following year, will be admitted to negotiation.
One lot will equal one gram of gold. The estimate of the price step is 10 kopecks, the cost of the price step is 10 kopecks.
According to the director of the derivatives market of the Moscow Stock Exchange, Maria Patrikeyeva, gold is among the 5 most popular instruments on the site. The average daily volume of gold trading exceeds 25 billion rubles.
On June 15, the Moscow Stock Exchange launched a beta version of Trade Radar, an analogue of the Bloomberg terminal. The information resource will help investors to receive relevant data on the state of the stock market, conduct technical analysis, view the history of transactions.
Author:
Kirill Bilyk
Source: RB
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