Euro trades flourish on RTS
MOSCOW - Currency futures on EUR/USD and EUR/RUB have clocked a whopping turnover of RUB61.9 billion ($1.72 billion) in the first month of trade on the Russian Trading System's (RTS) futures and options division.
The contracts were launched on February 5, with most of the activity in the EUR/USD contract, which is often used by individual clients and investment companies for speculative trading, the exchange said (FX Week, February 9).
Volumes in the EUR/USD futures hit RUB60.7 billion last
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