India futures delayed

23 Jun 2003

National Stock Exchange of India (NSE) has postponed the launch of interest rate futures. The announcement was made just one day before the launch was scheduled, and one day...

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“The introduction of these contracts to trading represents a new stage in developing the Russian market in fixed income instruments as in essence futures on federal bonds are derivatives on long-term interest rates.”

Evgeny Serdyukov, director of F&O at RTS