FX news: Russian stock exchange launches new option contracts

As of Thursday this week (8 July), option contracts on EUR/USD futures began on FORTS, the derivatives market of the Russian Trading System (RTS) stock exchange.

As of Thursday this week (8 July), option contracts on EUR/USD futures began on FORTS, the derivatives market of the Russian Trading System (RTS) stock exchange.

This extends the FX offering of RTS to five contracts. RTS says the contracts have been introduced “to address the growing hedging needs of market participants given the unstable EU market”.

Evgeny Serdyukov, director of futures and options market at RTS, says: “RTS is launching the new option contract to meet the recurrent requests from market participants.

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