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July 9, 2008
main page Derivatives Market Market Profile
About MICEX
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Market Profile

  • The MICEX Derivatives Market is organized within the MICEX Derivatives (Standard Contracts) Market Section (the Section), which has its own membership rules independent of other MICEX sections.
  • The MICEX holds the License to organize exchange trading in the Standard Contracts Section. License #105 was granted by the Commission for Commodity Exchanges at the RF Antimonopoly Ministry on 17 March 2000.
  • The Section's activities are regulated by normative documents (Rules of the Section).
  • The MICEX Exchange Council adopts the Rules of the Section and their amendments. It also admits new Members of the Section.
  • The MICEX Exchange Council acts as the MICEX highest managerial body in the intervals between the MICEX stockholders' meetings. The MICEX Exchange Council is comprised of the representatives of the MICEX stockholders.
  • The MICEX executive body is the MICEX Directorate, which controls the observance of the Rules of the Section.
  • The Section Council secures the effective work of the Section. It is comprised of the representatives of the Section Members. The Section Council presents to the MICEX Exchange Council candidates for membership in the Section and amendments to the Rules of the Section.
  • Settlements for the results of trading in the Section are effected in the MICEX Settlement House, where participants open their accounts. The MICEX Settlement House is a specialized non-bank credit institution, which provides settlements for the results of trading in different Sections of the MICEX.

 
Market Profile

 
«Moscow Interbank Currency Exchange»
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