Grede departure confirmed

23 Jun 2003

Following weeks of speculation, Fred Grede, coo and head of futures at Hong Kong Exchanges and Clearing (HKEx), is to leave the exchange next month when his contract expires. He will be...

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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