Moscow Interbank Currency Exchange (Micex) is bringing in
licensed specialists to maintain a market for
soon-to-be-launched proprietary stock index futures.
To preclude wide price swings and counteract imbalances in
trading, in-house market-makers will quote bid/ask spreads
within agreed limits and, for a remuneration from the exchange,
stand ready to buy or sell contracts in minimal round lots.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.