Logo
  Thursday, February 20, 2020
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

The Russian Trading System starts Thursday trading in ruble-settled contracts for gold, oil and oil products
The Russian Trading System, the country's premier stock market, starts Thursday trading in ruble-settled contracts for gold, oil and oil products, the RTS said. "Russia's first trading in contracts for gold, crude, and oil products will start beginning June 8," the RTS said. President Vladimir Putin said in his May 10 state of the nation address that Russia, as a leading oil exporting nation, should establish its own oil exchange to trade crude and petroleum products for rubles. One-month contracts will be traded within the existing futures and options segment of the RTS, FORTS (Futures&Options). Contacts with monthly settlements this year and until June 2007 will start trading simultaneously. The minimal margin is set at 10% for oil and oil products, and 5% for gold. The RTS said it would collect a 1-ruble commission for each concluded contract
Print The Russian Trading System starts Thursday trading in ruble-settled contracts for gold, oil and oil products Bookmark The Russian Trading System starts Thursday trading in ruble-settled contracts for gold, oil and oil products

Related News   
MayJune 2006Jul
MoTuWeThFrSaSu
2930311234
567891011
12131415161718
19202122232425
262728293012
3456789