Derivatives Market open interest exceeds RUB 1 trln

Open interest on Moscow Exchange"s Derivatives Market reached RUB 1.097 trln at the end of November (November 2013: RUB 475.7 bln).

Open interest in FX derivatives totaled RUB 811.6 bln. Open interest was RUB 539.3 bln for options on USD/RUB futures, RUB 237.7 bln for USD/RUB futures, and RUB 5.35 bln for options on EUR/USD futures.

Moscow Exchange Derivatives Market Managing Director Roman Sulzhyk said:

"Interest in FX contracts was driven by high volatility of the rouble and increased demand for hedging against currency risks".

Moscow Exchange"s derivatives trading volume doubled YoY in November to RUB 7.66 trln (November 2013: RUB 3.75 trln), or 162.84 mln contracts (November 2013: 82.42 mln contracts). Futures contracts came to RUB 6.57 trln, and options to RUB 1.09 trln.

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