Stockholmsbörsen AB

Derivatives: Russian derivatives to be launched December 1

Pressmeddelande   •   Nov 08, 2006 09:55 CET

On December 1, 2006, OMX Derivatives Markets will launch derivatives on Russian equity Depository Receipts (DR), traded on the International Order Book (IOB) at London Stock Exchange, and on the FTSE Russia IOB Index.

Index futures and options are based on FTSE Russia IOB Index which comprises 10 of the most liquid and highly capitalized Russian companies whose DRs are traded on the IOB. Standardized single Russian DR equity futures and options series in Gazprom, Lukoil, Norilsk Nickel and Surgutneftegaz will also be listed at launch. Registration of Tailor Made contracts will be available on all constituents of the index. The key features of the new products are set out in the attached product description.