09
September
2011
Investment and Financial Company METROPOL and RTS talked about futures trading at federal loan bond
On September 7, 2011 Investment and Financial Company METROPOL
and RTS gathered financial market participants in the exchange
office to discuss trading strategies in the futures market at
federal loan bond. The meeting was attended by over 50
representatives of brokerage houses and investment firms, employees
of stock exchange, and financial analysts.
The participants were welcomed by the Director of the division
of derivatives market of RTS Evgeniy Serdyukov. He told that since
February 2011, during futures trading at federal loan bonds, RTS
has made two deliveries and received many inquiries from market
participants to implement new tools for federal loan bonds. Mr
Serdyukov also said that from July 2011 RTS started calculation of
market participant ratings in futures on bonds by results of which
Investment and Financial Company METROPOL immediately took the
lead.
Arthur Plaude, Director of the division on debt instruments and
derivatives of Investment and Financial Company METROPOL, presented
to the participants of the meeting the Division headed by himself,
describing the lines of its activities and results that the team of
the department was ale to reach within a year of work.
Semen Odintsov, the Director of the department on debt syndicate
of Investment and Financial Company METROPOL continued the
discussion. In his speech, he reviewed the trading strategies with
futures on federal loan bonds and showed the possibilities of their
use with the examples. The meeting participants were able to verify
that the proposed strategies are relatively risk free and
profitable.
Pyotr Kadysh the head of the department on analysis of debt
instruments and derivatives, presented new products of Investment
and Financial Company METROPOL, developed for work with futures for
federal loan bonds basket. Calculator of Metropol's hedging and
indices of profitability on federal loan bonds basket.
Calculator of Metropol's hedging is a unique analytical tool to
determine the optimal number of futures on federal loan bonds to
hedge the bonds portfolio. It is designed taking into the account
the specifics of the Russian market that allows to maximize the
quality of calculations. Calculator is available at the Investment
and Financial Company METROPOL website, the values of indices of
profitability on federal loan bonds basket - at the Investment and
Financial Company METROPOL website and at the website of news
agency Bloomberg.
The official part of the event concluded with a discussion.
Discussion of the meeting and the content of reports continued in
the informal atmosphere of reception.
In general, guests appreciated the relevance of the theme of the
meeting: a joint effort of stakeholders will contribute to the
formation of a liquid market of futures contracts on federal loan
bonds.
