Forts is offering trading in a cash-settled futures contract on the Micex Index and an option on the futures contract on the index, Mondo Visione reports. The contract volume amounts to a value of the Micex index multiplied by 100 rubles and the basic size of initial margin is set at 10 percent.
The contract’s settlement price is fixed on the basis of the average value of the Micex index. The contract’s settlement periods are March, June, September and December.
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