RTS in Moscow launched futures on EUR/USD and EUR/RUR on its Forts derivatives section on February 5. The contracts are miniscule, having a notional of just €1,000, but the EUR/USD future in particular has got off to a flying start. On Tuesday, 142,565 EUR/USD contracts equivalent to $1.8 billion changed hands. This makes it easily the most successful FX contract launched for some time.
A group of local market makers have been supporting the contract and it is said to have attracted good retail participation.
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