Moscow Exchange Launches Physically-Deliverable Wheat Futures
Moscow Exchange Launches Physically-Deliverable Wheat Futures Date 21/12/2020 On 21 December 2020, the Moscow Exchange Derivatives Market launched trading in a deliverable futures contract on wheat. The new instrument was designed in partnership with VTB Capital to meet the needs of various market participants including agricultural producers, processors, wheat exporters as well as banks, brokers and their clients. The contract is quoted in RUB per ton of class 4 wheat. The contract size is 25 tons. Wheat will be delivered to elevators in the Voronezh region in March, September and Decem...