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JFX to limit commissions

24 Jul 2006

Jakarta Futures Exchange (JFX) has said it will limit the commission paid by brokers to their sales agents to a maximum of...

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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