The Moscow Stock Exchange will begin trading in settled futures on the IPO index in July. The platform registers the interest of stock market participants in indexed instruments, explained Maria Patrikeeva, general director of the Moscow Stock Exchange Derivatives Market.
Subscribe to RB.RU on Telegram
The site expects high demand for IPO index futures, an indicator of the prices of companies that have recently gone public, Interfax quotes Patrikeeva as saying.
He noted that in the next month the exchange could launch settlement futures for an ETF that tracks the dynamics of the MSCI Emerging Markets index.
And by the end of 2024, it is planned to expand the line of perpetual futures on stock instruments.
The Moscow Stock Exchange began calculating a new indicator, the IPO index, in April this year. It consists of shares of 17 companies: IVA Technologies, Whoosh, CarMoney, Henderson, Softline, Genetico, Astra Group, Eurotrans, YuGK, Sovcombank, Diasoft, AG Kristall, MTS -bank”, “Mosgorlombard”, “Delimobil” and MFC. “Zaymer.”
Currently, ETF futures are traded on the Moscow Stock Exchange, which invest in shares of the S&P 500, NASDAQ 100, DAX, Euro Stoxx 50, Hang Seng, Nikkei 225, Dow Jones and Russell 2000 indices.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
