Revisions to RVI futures specifications and trading fees

The Moscow Exchange will decrease the notional value of the futures contract on the Russian Volatility Index by reducing the price tick value by 50 times as recommended by the Derivative Market Committee. Contracts with new parameters (RVI-5.15, RVI-6.15) will be offered from 16 April 2015.

The Exchange fee will be reduced proportionally to RUB 0.2.

The clearing fee for the contract will remain unchanged at RUB 10 in the short term. The prorated reduction is expected in June 2015. We will announce the precise date in due course.

On 15 April, the RVI futures (RVI-4.15) will be settled as usual.

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