|
|
Article: London Stock Exchange and OMX Launch Russian Derivatives.
- Article from:
- Business Wire
- Article date:
- November 29, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
STOCKHOLM, Sweden -- EDX London, the London Stock Exchange's derivatives business, and OMX (STO:0MX) will offer futures and options based on Russian securities traded on the London Stock Exchange's International Order Book (IOB) from 1 December 2006.
The Russian IOB Equity Derivatives service will meet demand from banks active in over-the-counter Russian derivatives trading for the lower costs, reduced risk and improved operational efficiency offered by on-exchange trading.
The service will offer trading in index derivatives based on the new FTSE Russia IOB Index, which measures the performance of the ten biggest and most liquid Global Depositary ...