MOEX Expands Commodities Derivatives with Silver Futures

The Moscow Exchange will begin trading of deliverable silver futures on its Derivatives Market, in a move to further prop up its commodities Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, which currently includes gold futures.

The new contract will link Moscow Exchange’s precious metals, and derivatives markets as silver will be delivered via the Precious Metals Market spot section. These deliverable futures will be denominated in roubles and the weight will be measured in grams.

The contract size is ten grams and will expire monthly while its ticker symbol was named SL. At launch, the contract series with expiration in November and December 2019 and January 2020 will be introduced, MOEX said.

“The new instrument expands the on-exchange precious metals market and provides additional trading opportunities to both private investors and professional participants (banks and brokers) as well as precious metals market including jewelry companies and non-ferrous metal working plants,” the exchange said.

Kremlin-backed bid to make Moscow a global hub

The Russian bourse has been developing its infrastructure amid Kremlin-backed efforts to make MOEX one of the world’s leading financial hubs. In recent years, for example, MOEX’s FX market has developed from a limited segment within the Russian interbank market to a global Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term for ruble operations.

The MOEX currency family also offers benchmarks for a number of currency pairs, mainly thanks to its high liquidity, transparency, and historical foundation.

Earlier this year, the exchange has expanded its foreign exchange (forex) offering by launching trading in the US dollar/Japanese yen (USD/JPY) currency pair. The bourse said that the new trading pairs in demand from international clients and the latest additions also help promote the MOEX FX market.

MOEX, which runs one of the largest FX trading platforms, revealed that its total FX turnover in September came in at RUB 25.1 trillion ($384 billion), falling by 9.4 percent month-over-month from RUB 27.8 trillion ($416 billion) in August.