Moscow Exchange sows seeds of potential with launch of wheat futures contracts

The Derivatives Market

The Derivatives Market at the Moscow Exchange (MOEX) has launched trading of physically settled Russian grain futures contracts. The product is set to replace a swap contract that closed earlier this year.

The contract, developed in close cooperation with VTB Capital, will reportedly meet the needs of various market participants including agricultural producers, processors and wheat exporters, as well as banks, brokers and their clients.

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