Russia plans to start grain futures trading in 2017

Source

APK-Inform

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Russia plans to start trading with grain commodity futures in 2017, declared the Director of the securities market and commodity market department at the Bank of Russia, Larisa Selyutina on December 1.

According to her, to date the Bank provides active work in the sphere. As soon as the companies are ready, the Bank will start the process in the grain segment. There may deliverable instruments, or they will start with the spot market.

Also, L.Selyutina reminded that to date, the National Mercantile Exchange (affiliated with Moscow Exchange) develops the project.

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