Russian Bourses Up FX Futures Collateral

RTS Stock Exchange will increase collateral rules and regulations.

RTS Stock Exchange will increase collateral rules and regulations, The Wall Street Journal reports. The Russian bourse’s new requirement will affect investors trading billions of dollars a day in futures on equity indexes and currencies. According to the new regulations, customers acquiring RTS Index futures will require collateral of 10%, instead of 7.5% of their investment. Moscow’s Micex exchange has also rolled out similar higher collateral requirements.

Click here for the story from The Wall Street Journal.