29
November
2011
IFC METROPOL supports a workshop organized by a world expert in the futures on treasury bonds
A workshop by Galen Burghardt – world guru of treasury
bond futures – was organized at RTS stock exchange on
November 28. IFC METROPOL supported the organization of the
seminar. More than 90 representatives of broker houses, investment
and management companies were present at the event.
Galen Burghardt is a world-known expert in the area of
analysis of treasury bond futures . His book The Treasury Bond
Basis has been very popular with the traders working with
the treasury bond futures all over the world for
many years. From the moment of its first publishing in 1989 the
book that contains deep analysis of relations and connections
between the bonds market and the futures market and has at the same
time practical nature, has helped thousands of hedgers, speculators
and arbitrators to understand this instrument and to make profit
with its use.
It the course of the seminar the trainer spoke about theoretical
and practical aspects of working with futures on treasury bonds.
The main emphasis was placed on the studying of basic instrument
application cases taking into account specific features of Russian
market that enabled the consideration of new opportunities
available to Russian traders in the use of futures on federal loan
bonds.
It should be noted that the specialists of the department for debt
instruments and derivatives of IFC METROPOL consulted Mr. Burghardt
regarding the current situation with the futures on federal loan
bonds in the Russian market. Being a market-maker IFC METROPOL
carries out constant market monitoring and has been issuing regular
analytical reports since November of this year.
The participants of the seminar highly appreciated the importance
of the meeting: the use of world experience is very useful for the
development of the Russian market of the futures on federal loan
bonds and the increase of its liquidity. P. Kadysh, the head of the
department for debt instruments and derivatives of IFC METROPOL,
believes that detailed studying of the ceases from foreign practice
will enable Russian specialists to promptly change their attitude
towards the futures on federal loan bonds and to make operations
with such derivatives a part of their everyday activities.
