IDEAS home Printed from https://ideas.repec.org/a/ris/jofitr/1428.html
   My bibliography  Save this article

Options, futures, and other derivatives in Russia: an overview

Author

Listed:

Abstract

This article provides a descriptive overview of the Russian market for financial derivatives. According to available figures, the Russian market for financial derivatives has been subject to enormous growth for the last ten years. Starting from a low level, turnover of on-exchange derivatives rose annually by an average of 120 percent between 2000 and 2009 and reached a total turnover of €336 billion in 2009. Turnover of OTC derivatives rose on average by 47 percent in the period from April 2004 to April 2007, based solely on the Russian OTC foreign exchange derivatives market data. Projected figures suggested a total turnover of €7.5 trillion in the Russian OTC derivatives market by 2007. The recent financial crisis had a clear negative impact on the market, but only when foreign currency effects are accounted for. The total turnover on major Russian exchanges expressed in RUB increased by 2 percent in 2009 compared to 2008.

Suggested Citation

  • Rotfuß, Waldemar, 2010. "Options, futures, and other derivatives in Russia: an overview," Journal of Financial Transformation, Capco Institute, vol. 29, pages 149-154.
    • Handle: RePEc:ris:jofitr:1428
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    More about this item

    Keywords

    Russia; Financial Derivatives Market; Russian Financial Derivatives Markets;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:jofitr:1428. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prof. Shahin Shojai (email available below). General contact details of provider: http://www.capco.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.