17.06.2014 20:25

Moscow Exchange launches new procedure for settling single stock futures

A new procedure for settling futures on Russian stocks – via T+2 trades on the Main Market – was applied on Moscow Exchange for the first time on 16 June. This was made possible by the large scale modernisation of the Derivatives and Equity & Bond Markets" trading and clearing platforms.  

Contracts totaling RUB 15.66 bln (1.8 bln contracts) were settled, with 546 client accounts involved.  Futures on VTB Bank, Sberbank, Gazprom, and Rosneft saw the largest settlement volumes.

The T+2 settlement of futures trades is executed automatically (without any orders being entered) during a special session, lasting until 9:30 am MSK, on the trading day following the futures" last trading day. As such, futures" settlement days are no longer the same as their last trading days.

For more information on the new settlement procedure, please visit our website

For further information, please contact the Public Relations Department at (495) 363-3232.