St. Petersburg Stock Exchange has launched trading in settlement futures contracts. The first instruments at the auction were BRAZL201025, VTSUSD_17J25, CHINA201025, INDIA201025, SAUDI201025, SPBE_191225. This is reported on the exchange's website.
Since all futures on the St. Petersburg Stock Exchange are calculated, they exclude the infrastructural risks associated with the supply of the underlying asset, the report emphasizes.
Stock futures of funds that follow the stock indexes of Brazil, India, China and Saudi Arabia provide investors with access to the stock markets and economies of these BRICS member countries. "Another unique tool is futures on the BTCUSD index, which follows the dynamics of the most traded cryptocurrency in the world, bitcoin," said Evgeny Serdyukov, CEO of the exchange, quoted in the message.
