Russian International Order Book (IOB) stock dividend futures have been launched on London Stock Exchange’s (LSE) international derivatives market, EDX London, Mondovisione reports. The move will provide investors the ability to trade or hedge dividend exposure to Russia on an exchange for the first time.
EDX London has designed a product, which will be able to calculate daily settlement prices using dividend forecast data supplied by global financial information services company, EDX London On Dec. 20, 2010, the group also launched 13 new pan-European stock futures on Borsa Italiana’s derivatives market, IDEM.
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