New Product Launch: The Moscow Exchange (MOEX) has introduced perpetual futures contracts linked to five major cryptocurrency price indexes: Bitcoin, Ether, Solana, XRP, and Tron.
Target Audience: These trading instruments are strictly restricted to qualified (accredited) investors in Russia to shield retail traders from high volatility risks.
No Expiration Date: Unlike traditional futures, perpetual futures have no fixed expiration dates and roll over automatically every day, allowing long-term positioning.
Cash-Settlement in Rubles: The contracts are quoted in USD but settled exclusively in Russian Rubles. Investors do not hold, buy, or store actual crypto tokens, eliminating wallet and cyber security risks.
High Margin Requirements: Trading requires substantial collateral, with minimum margin rates varying by asset, ranging from 22% for Bitcoin up to 43% for XRP.
