First Day Trading Volumes of MOEX’s USD/RUB Futures Reach $6.6 Million
Posted: Mon Jul 18, 2016 1:46 pm
Russia’s key trading venue, Moscow Exchange (MOEX), today released the trading statistics of the first day of its new USD/RUB FX futures, which showed a modest interest from market participants in the deliverable instrument, according to a MOEX statement.
MOEX said that trading volumes of USD/RUB deliverable futures amounted to 65 trades totalling RUB 415.7 million ($6.6 million) on Monday 18 July, 2016, the first trading day of the new product.
Earlier this month, Moscow Exchange expanded its FX product set to offer new opportunities to FX market participants. The exchange introduced new deliverable futures contracts on USD/RUB, EUR/RUB and CNY/RUB currency pairs. The ... (read more)