Fuel futures trading on cards started at SPIMEX 06/03/2013 On June 3, 2013, trading in new instruments of the Russian oil product market began on the derivatives market of the St. Petersburg International Commodity Exchange (SPIMEX). In addition to deliverable diesel futures and 1 tonne of gasoline, fuel oil, diesel and jet fuel settlement futures, 10 liters of fuel futures have been put into circulation on the exchange. New futures cover three types of motor fuels: AI-92 gasoline, AI-95 gasoline, and diesel fuel. For each fuel, three futures settlement dates have been put into circulation: settlement in June, July and August. The nearest execution of card futures - such a name was given to the contracts put into circulation - will take place on June 28. Card futures are settled by settlement at the price of fuel, established on the day of the futures settlement by Magistral-Kart LLC within the framework of the Birzhevaya fuel card service program. The start of trading in new instruments was the result of cooperation between SPIMEX, CJSC Settlement and Depository Company and LLC Magistral-Kart. Now all market participants have the opportunity to get real fuel, the price of which they have fixed with a card futures transaction, through a convenient mechanism of fuel cards. Within the framework of this project, there is a special program "Exchange", developed by LLC "Magistral-Kart". The program covers several regions, including Moscow, Moscow Region, St. Petersburg, Leningrad Region, Tver Region, Tula Region. You can learn more about the Exchange program by following the link. Initial trading liquidity is provided by market makers - trading participants who have committed themselves to simultaneously placing buy and sell orders for futures trading with a fixed price difference between orders. It is interesting to note that the level of quotations of market makers at today's session ensured an acceptable price of fuel: for example, diesel futures with execution in August were sold at 32.73 rubles per liter, that is, the growth of fuel forecasted by market participants for three months of summer will not exceed 0.95 %, which is in line with inflationary market expectations. The first transactions with card futures were completed within a few minutes after the start of today's trading by CJSC ALOR INVEST and CJSC FC INTRAST. In total, during the last trading session with card futures, 31 transactions were concluded for 1,103 contracts (11,030 liters), and the July futures for Diesel and AI-92 became the leaders among this type of derivatives: they accounted for more than 30% of the card futures turnover. OTKRITIE Brokerage House OJSC became the most active trader today. “SPIMEX generates many indicators of the oil products market,” comments Aleksey Sergeev, Managing Director of the SPIMEX derivatives market, commenting on the start of trading. gas stations, it is also a financial instrument that makes it possible to fix the price, and the opportunity for everyone to invest in fuel in an affordable way. " A description of the new SPIMEX contracts is available in the section Fuel futures by cards. SPIMEX News 03/06/2013 SPIMEX started trading fuel futures using cards 02/06/2013 Distributors of Stock Information 01/06/2013 OJSC "NK" Rosneft "switches to the general specification Archive "SPIMEX" News "MBNK" 05/24/2013 Convening the Annual General Meeting of Shareholders of JSC \ "MMTB \" 30.04.2013 On MMTB realized additive to motor gasoline "octane-HP" 04/23/2013 New bases for the sale of petroleum products Archive "MBNK" Trading results on exchanges 26/07/2010 Results of trading on SPIMEX Download 23/07/2010 Results of trading on SPIMEX Download 07/22/2010 Results of trading on SPIMEX Download Archive of trades Tel .: (495) 231-35-35 , 775-84-25 Fax: (495) 699-63-36 E-mail: info@rutec.ru , rutec@rutec.ru