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