Russian news agency TASS newsfor what Moscow ExchangeBitcoin, new IBIT coded for qualified investors from today. $105,658.08 Trust opened the futures contracts for transactions. Each lot to be priced on the basis of the US dollar will be carried out in Russian rubles and the first stage will be presented with a three -month maturity of September 2025. The move came immediately after the Russian Central Bank’s approved derivative products indexed to the crypto currency value last month to professional investors. Nevertheless, the regulator still calls to be cautious about direct investment in crypto currencies.
Transactions are only open to qualified investors
Moscow stock exchange, for individual investors IBIT While it does not allow access to its contracts, it is possible for professional investors to access hybrid in the form of “dollar -based price, ruble -based swap”. Thus, the participants can open a position at the international reference price without being exposed to the exchange rate.
The “qualified investor” status, which is the entrance to the market, covers corporate portfolios and wealthy individuals that meet capital size and experience conditions. Authorities believe that even the narrow segment within this scope will create a “high momentum” in demand for derivative instruments.
On the editing side Central Bank of Russia Although it has a green light on the supply of securities and derivatives that offer crypto currency -based return on the communiqué issued in May, it keeps the direct crypto currency purchase of financial institutions directly. Stock Exchange Sources say that this limitation increases the interest in futures, and at the same time, high -level risk management mechanisms are commissioned. At this point, IBIT contracts are also constructed in order to reduce the risk of default.
Details of IBIT CONTRACT
IBIT Contracts Although the party receives quotation over the US dollar, the final profit/damage is terminated with the Russian ruble. Thus, the volatility in the US Dollar-Russian Ruble parity does not create leverage effect. The first maturity for contracts will be in September. Then the standard calendar will be added to the new quarter maturity finite contracts. Commission reductions, market -making premiums and gradual collateral rates will also be activated to promote liquidity.
In parallel with the opening of IBIT contracts to the access of qualified investors SPB Exchange Crypto money index -based cash -based term transactions platform tests. SBERBANK Crypto is preparing a derivative product package that does not require direct ownership. Experts argue that more than one player descends to the field will both accelerate the price discovery and make Moscow a center of crypto currency derivatives in the region. Nevertheless, due to the strict supervision of the regulator, it is stated that large -based individual investor access does not seem possible in the short term.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
