Reduced collateral on the spread position between futures contracts on the RTS Standard Index and RTS Index. Opposite – long and short - positions in these futures will require a market participant to post the collateral on one of them only;
Reduced collateral on the spread position between futures contracts on the RTS Standard Index with different settlement dates. Opposite positions in such futures will lock in the collateral for one of them only;
Opportunities to create a perfect arbitrage model due to the limited number of stocks in the index basket;
Trading day preceding the 15th day of the settlement month
Settlement date
Trading day preceding the 15th day of the settlement month
(settlement is performed during the evening clearing session)
Settlement
Positions are closed out by the payment of variation margin calculated from the average value of the RTS Standard Index for the period from 3:00 pm to 4:00 pm MSK on the contract’s last trading day
