RTS launches EUR/USD and USD/RUB futures

MOSCOW - More than 40,000 contracts were entered into on the first day of trading for EUR/USD and EUR/RUB currency futures through the Russian Trading System's (RTS) futures and options division.

The new contracts, which went live on RTS last Thursday, are for e1,000, based on the European Central Bank's established currency rates. The basic size of the initial margin on the new instruments is set at 4% of the contract price and it will trade the March quarterly cycle.

Between the two new

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