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Moscow Exchange May Start Foreign Stock Futures Trading in 2013

Oct. 11 (Bloomberg) -- The Moscow Exchange may start trading foreign stock futures next year and is planning to expand foreign currency futures trading.

“Right now the Moscow Exchange is developing the parameters for trading foreign stock futures,” Roman Sulzhik, managing director of Moscow Exchange’s derivatives market said by e-mail today. “The launch decision may be taken in early 2013.”

Following the decision, the futures would start trading in 2013, Nikita Bekasov, the exchange’s spokesman, said by phone.

To contact the reporter on this story: Ksenia Galouchko in Moscow at kgalouchko1@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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