09.11.2012 13:11
Initial Margin requirement for FORTS Derivatives market, Saint-Petersburg Exchange and Standard sector to be changed
By the recommendation of the Moscow Exchange Derivatives market committee, RTS Clearing Center has set the following sizes of initial margin for the FORTS derivatives market, Saint-Petersburg Exchange and Standard sector of the Securities market.
The new Initial Margin sizes will take effect from the evening clearing session on November 9, 2012.
| Futures contract/Instrument of the Standard sector | Initial Margin | |
|---|---|---|
| Current basic size | New basic size | |
| MMC NORILSK NICKEL ordinary shares | 15% | 12% |
| Gazprom ordinary shares | 12% | 10% |
| LUKOIL ordinary shares | 12% | 10% |
| Rosneft ordinary shares | 15% | 12% |
| Sberbank ordinary shares | 12% | 10% |
| Surgutneftegas ordinary shares | 15% | 12% |
| VTB Bank ordinary shares | 15% | 12% |
| MTS ordinary shares | 20% | 15% |
| NOVATEK ordinary shares | 20% | 15% |
| Transneft preferred shares | 15% | 12% |
| Sberbank preferred shares | 15% | 12% |
| RusHydro ordinary shares | 15% | 12% |
| RDRs representing rights on shares of United Company RUSAL Plc | 20% | 15% |
| Tatneft ordinary shares | 20% | 15% |
| Severstal ordinary shares | 20% | 15% |
| Uralkali ordinary shares | 20% | 15% |
| Surgutneftegas preferred shares | 15% | 12% |
| Rostelecom ordinary shares | 20% | 15% |
| Troika Dialog AM, "Troika Dialog — RTS Standard Index", fund units | 15% | 12% |
| EUR/RUB exchange rate | 3,5% | 3% |
| EUR/USD exchange rate | 3,5% | 3% |
| GBP/USD exchange rate | 3,5% | 3% |
| Gold | 8% | 6% |
| Silver | 16% | 12% |
| Raw sugar | 12% | 10% |
| BRENT oil | 10% | 8% |
| Platinum | 10% | 8% |
| Palladium | 12% | 10% |
| Copper | 10% | 8% |
| Cotton | 12% | 15% |
For further information, please contact the Public Relations Department at (495) 363-3232.