Published On: Wed, Mar 4th, 2015

Moscow Exchange launches USD/CAD and USD/TRY futures

From 3 March, Moscow Exchange has started trading in futures contracts on U.S. Dollar-Canadian Dollar and U.S. Dollar-Turkish Lira currency pairs.

Andrey Shemetov, Moscow Exchange, Deputy CEO

Andrey Shemetov, Moscow Exchange, Deputy CEO

Metallinvestbank, the official market maker, will provide quotes for the new contracts. On the contracts’ first trading day, brokers were offered the futures with settlement in June 2015. The minimum base initial margin required to trade the contracts is 4% for USD/CAD futures and 7% for USD/TRY futures.

The new instruments will allow enriching the range of FX strategies available to the most active market participants both professional brokers and private investors.

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