Rus News Journal

zahedzhirovatsja on a diesel engine

Will offer stock exchanges of RTS and St.-Petersburg

the Settlement future for diesel fuel will be in common started by stock exchanges of RTS and St.-Petersburg in the first quarter of this year - it becomes the first settlement future for oil products in Russia. Potential volumes of hedging under the contract can make from 100 thousand to 1 million t in a month.

last week FSFR has registered new rules of realisation of clearing activity of the Clearing centre of RTS. As head of RTS Roman Gorjunov has explained, they will allow to spend clearing under urgent contracts on the goods at all Russian stock exchanges.

the director of department of the urgent market of a stock exchange of RTS Evgenie Serdjukov has told daily that the joint project with a stock exchange " prepares for start; St.-Petersburg on the organisation of the auctions on commodity futures. The clearing centre of RTS will carry out calculations under these transactions. Start is planned for the first quarter 2010 - speaks g - n Serdjukov.

It is a question of creation of a joint infrastructure on the urgent market on the goods, the chief of department of the urgent market of a stock exchange " explains; St.-Petersburg Vitaly Kirpichev. We will act as a trading platform, calculations and clearing will be spent by the Clearing house of RTS and the Clearing centre of RTS - he speaks. As he said, the settlement future for diesel fuel with execution on an index " becomes the first tool of the joint market; CORTES - Gasoil : It becomes the first settlement future for oil products in Russia .

By estimations of advisory council of a stock exchange St.-Petersburg potential volumes of hedging can make from 100 thousand to 1 million t in a month. At a starting stage it is planned to involve a market - makers for formation of base liquidity.

the expert of department of investment technologies IFK Solid (a market - the maker under the future on Brent on RTS) Denis Rozhkov considers that the settlement future for oil products unlike postavochnogo has more chances to become liquid: Private investors will not be afraid to come into such tool . The Head of department of structural products IF Olma Andrey Dronin also has informed on interest of the company in a new product: Now we just consider possibility to become a market - the maker at a stock exchange St.-Petersburg .