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Traded Instruments
Exchange Trading Procedure for basic commodity assets has been established by Trading Regulations and Specification for Traded Instruments of Basic Commodity Assets, which stipulate:
- Quantitative and qualitative properties of Basic Assets,
- Minimal increment of price change,
- Quantity of Basic Asset per one Traded Instrument,
- Access terms for Traders,
- Trading Days and Times,
- Procedure for Bidding and Closing Deals,
- Terms of Supply Contracts and procedure for concluding Supply Contracts against closed-out deals,
- Procedure and terms for Basic Assets delivery against concluded Supply Contracts,
- Settlement of payments for Basic Assets,
- Circulation procedure for Security Deposits,
- Other provisions.
The following commodities shall be considered as Basic Assets:
- Wheat of Classes 3, 4, 5,
- Rye,
- Barley, delivered by Authorized Grain Elevators.
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