Moscow Exchange says to allow negative futures price from July 6 - Oil & Gas - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Moscow Exchange says to allow negative futures price from July 6

MOSCOW, Jun 30 (PRIME) -- The Moscow Exchange will support negative prices on the futures market from July 6, the trading floor said in a statement on Tuesday.

"The Moscow Exchange will launch a new version of trade and clearing system on the futures market that would support negative prices from July 6,Ф the bourse said.

УSupport of negative prices will be available for two instruments of the futures market at the first stage -- natural gas futures (contract code NG) and Light Sweet Crude Oil (CL contract)."

On April 20, the WTI futures fell to the negative zone for the first time in history, reaching minus U.S. $40.32 on the Moscow Exchange. The bourse suspended trading in this security on April 21 because the broker and clearing systems were unready and took the expiration price from the New York Mercantile Exchange (NYMEX).

End %%mk/jst%%

30.06.2020 13:53
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 80.4062 -1.0614 09 jul
USD 71.2379 -0.9340 09 jul
Stock Market Indices
1D 1W 1M 1Y
rtsi 1247.23 -0.05 16:41 08 jul
micex 2818.19 -0.25 16:41 08 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 197.96 -1.02 23:49 08 jul
lkoh 5464.00 -0.36 23:49 08 jul
rosn 365.85 -0.80 23:49 08 jul
sber 210.53 -1.90 23:49 08 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 80.9375 -0.5700 14:59 08 jul
USDTD 71.3250 -0.2850 17:44 08 jul