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Dividend Derivatives

  • Russia IOB DR Dividend derivatives

London Stock Exchange Derivatives offers standardised futures contracts on seven Russian Depositary Receipts listed on the International Order Book of the London Stock Exchange:

  • Gazprom
  • Lukoil
  • Norilsk Nickel
  • Rosneft
  • Sberbank
  • Surgutneftegaz
  • VTB Bank

London Stock Exchange Derivatives has worked closely with its members to design an innovative product that is the first of its kind globally. Features include: An objective, market-recommended and accepted solution to calculate daily settlement prices using market-leading derivative forecast data supplied by Markit New innovative processing that prevents any unexpected profit or loss as a result of unusual dividend payment schedules. An intelligent, simple and competitive pricing model that levies fees proportionate with contract exposure

Trading Hours

  Open Close
Trading 08:00 15:30
Trade reporting 07:30 17:30
All times shown are London times

Expiry Cycles

  24 months
All underlyings January

Corporate Actions

London Stock Exchange Derivatives applies clear guidelines to determine how a corporate action event affects the derivative contracts - find out more.


IOB Derivatives Factsheet