Eastern Europe has seen a number of derivatives exchanges develop in recent years and is a hotbed of global growth.
In Russia the merger
of the country’s two biggest exchanges, Micex and
RTS, looks set to drive trading volume. Since the consolidation
took place last year, much of the focus has been on integrating
the two exchanges but now the combined exchange is beginning to
redirect its attention outwards.
Russia’s economy grew by 4.2% in 2011 and
ratings agency S&P have said that it expects a GDP growth
of approximately 3.5% in 2012. It is the largest economy in the
region and boasts by far the largest derivatives offering.
Poland meanwhile was the only country in the EU that avoided
recession in 2011. Its GDP grew by 4.3% as it has benefited
hugely in recent years from joining the EU, which has
encouraged trade in the country.
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