PHLX settles case and opens doors

26 Oct 2007

At a time when Philadelphia Stock Exchange (PHLX) is rumoured to be on the verge of being bought out, Delaware Chancery Court has made a timely approval of a settlement in the case involving and one of its...

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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