Фондовая биржа РТС Биржевая инфраструктура для отрасли коллективных инвестиций Калининград, 2010.

Презентация:



Advertisements
Похожие презентации
БИРЖА и СУБЪЕКТЫ КОЛЛЕКТИВНЫХ ИНВЕСТИЦИЙ: точки соприкосновения Раскрытие информации о рыночных ценах, признаваемых котировках и иной информации, необходимой.
Advertisements

Monetary policy tools. Monetary policy tools.. Monetary policy tools: Monetary base Monetary base Reserve requirements Reserve requirements Interest rates.
What are the analysts saying? Excerpts from 2007 Unified Mobility Report Excerpts from 2008 Magic Quadrant Ubiquitous mobility is a key future component.
Internet – Global Network Internet – Global Network.
Автор: Телегина Е.Н., учитель английского языка МСОШ 32.
PULSE REPETITION RATE OPTMIZATION IN SLR STATIONS TO PROVIDE MINIMUM SYSTEMATIC ERROR OF RANGING M.A. Sadovnikov M.A. Sadovnikov Institute for Precision.
Russian w ww winter f ff festivals g gg guide Liza Ilchenko.
The market of perfumery and cosmetics is considered one of the fastest growing in the world. The annual growth rate of the market in Russia is 20%, outpacing.
Christmas and New Year Traditions Christmas Day The 25 th of December is Christmas Day. Its a happy holiday for many people in many countries.
Benford Benford's law, also called the first-digit law, states that in lists of numbers from many (but not all) real-life sources of data, the leading.
The Law of Demand The work was done by Daria Beloglazova.
the most popular pet in Russia
Linkin Park Linkin Park - an American alternative rock band. Founded in 1996 under the name Xero. Having been around since 1999 under the name Linkin.
Vladislav Lutskov General Director MIEL Analytic Consulting Centre (MIEL ACC) September 2008 Moscow Russian Real Estate Market Overview THE FINE ART OF.
Globalization Globalization is a process influences of various factors of the international value (for example, close economic and political communications,
City University London, usually just known in the UK as City University, is a British university based in Northampton Square.
ThE MoSt FaMoUs GrUngE-gRoUpEs. Introduction I have chosen this theme as I consider that at present the level of popularity of rock music have very much.
Образец заголовка Образец текста Второй уровень Третий уровень Четвертый уровень Пятый уровень 1 Investment Attractiveness Index with the support of the.
Транксрипт:

Фондовая биржа РТС Биржевая инфраструктура для отрасли коллективных инвестиций Калининград, 2010

БИРЖА и СУБЪЕКТЫ КОЛЛЕКТИВНЫХ ИНВЕСТИЦИЙ: точки соприкосновения Раскрытие информации о рыночных ценах, признаваемых котировках и иной информации, необходимой для нужд отрасли коллективных инвестиций Обращение паев Специальные площадки для фондов для квалифицированных инвесторов Проблематика ETF Срочные контракты для субъектов коллективных инвестиций Спот-рынки с отсрочкой исполнения обязательств 2

VOLATILITY OF DERIVATIVES *20-day standard deviation (on an annualized basis)

РЫНОК FORTS

DERIVATIVES TRADING VOLUME ($) Group of contracts Bond futures Currency futures Index futures Single stock futures Interest rates futures Commodity futures Currency options Index options Single stock options Commodity options Average annual turnover GROWTHFALL

AVERAGE DAILY VOLUME COMPARISON: RTS INDEX FUTURES v MOST LIQUID STOCK The trading volume in this futures contract surpasses by far that in top liquid stocks. In 2009 it became one of the leading index derivatives globally in accordance with the rankings issued by FIA, and based on the results of 2009 it was rated 9th in terms of trading volume. RTS Index futures is the top liquid instrument of the Russian financial market

AVERAGE DAILY VOLUME COMPARISON: RTS INDEX FUTURES v MOST LIQUID STOCK The average daily spread for the RTS Index futures is tighter than 0.015% The RTS Index futures offers the tightest spread on the financial market in Russia. In 2010 the average daily spread has only exceeded the 0.015% size on rare occasions.

AVERAGE DAILY VOLUME COMPARISON: RTS USD/RUB v MICEX USD/RUB Based on the results of 2009 the USD/RUB futures was rated 9 th worldwide by FIA among other FX derivatives ranked by turnover. In December 2009 the F&O Intelligence magazine put it at the top of its December trading volume ranking. The success of the USD/RUB futures contract is interesting because under the effective Russian law the entire currency spot market in Russia is concentrated on another exchange (MICEX). However, starting from 2009 the convenience of the instrument trading on RTS (and other RTS FX contracts) from an individual investors perspective coupled with the growing investor interest towards FX contracts caused by sharp movements of FX rates resulted in a solid increase of the trading volume and open interest. For the first 3 months of 2010 the FX contracts on RTS have traded nearly eight times as much as on MICEX.

Среднедневной объем торгов составляет 16 млрд. рублей в месяц РЫНОК RTS STANDARD

Система риск-менеджмента Частичный неттинг 3-х уровневая Гарантийная система : На уровне конечного клиента На уровне брокерской фирмы На уровне расчетной фирмы Гарантийный фонд Страховой фонд Резервный фонд Размеры фондов на Апрель 2010 m $ Гарантийное обеспечение Вносятся участниками торгов под открытые позиции 620 Страховой фонд Формируется из взносов расчетных фирм 33 Резервный фонд Формируется из отчислений Клирингового центра 28 Гарантийный фонд 32000