Russian and IOB Derivatives
Since its launch in December 2006, EDX London's Russia IOB Derivative Service has traded over $50billion in notional value with over 17 million contracts exchanged. In its inaugural year the service was awarded the prestigious 'Exchange Innovation of the Year' prize at the Futures and Options World Magazine Awards in London. This area of the site lists useful information for investors relating to the service.
Service overview
Service overview
The service enables members to trade futures and options on individual blue chip Russian Depositary Receipts (DRs) listed on the London Stock Exchange's International Order Book (IOB). In December 2007 the service was expanded to include Egyptian, South Korean and Indian underlyings.
The key benefits:
The key benefits:
- allows wider market participation through a secure and centrally regulated marketplace
- is accessible via both the EDX London order book and the Linked Exchange Network providing investors with a larger combined liquidity pool
- offers on-screen liquidity through renowned Russia-focused market makers to a market previuosly dominated by Over-the-Counter (OTC) trades
- allows increased efficiency, certainty and transparency through a neutral rulebook, automatic corporate action adjustments, multi-lateral netting of payments and automatic settlement
- provides a quick and easy way for new standardised IOB underlyings to be listed through EDX's 'On-Request' facility
- allows 'Tailor-Made' clearing on a wide range of IOB underlyings providing flexibility around expiry, strike and tick size (options only) whilst maintaining 'On-Exchange' benefits
- can assist in trading, execution and sourcing counterparties to orders through our free Marketplace Service (MPS) desk.
| For more information, please contact: |
Jon Garner |
Tess McCarthy |
Exchange Broker |
Business Development Manager |
Products offered
- FTSE RIOB index options
- FTSE RIOB index futures
- IOB DR options
- IOB DR forwards
Downloads
EDX Russian Derivatives Presentation
(
file pdf - 427 KB)
FTSE RIOB factsheet(file pdf - 173 KB)
Russian DR factsheet (file pdf - 196 KB)
All download files and external
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