MOEX launches trading in sunflower seed futures

moex moscow exchange

Moscow Exchange (MOEX) has announced that it has started trading sunflower seeds on its Urozhai trading and clearing platform.

MOEX offers deliverable forward contracts with expiry dates ranging from 3 to 180 days, as well as deliverable swap contracts. The exchange also uses the Urozhai platform for grain and sugar trading.

Igor Marich

Igor Marich, MOEX

Igor Marich, Managing Director of the Money and Derivatives Markets at Moscow Exchange, said:

This launch is a step forward for Moscow Exchange Group in growing the Commodities Market. Sunflower market participants may now enjoy the benefits of on-exchange trading, in particular, transparent pricing, low counterparty risk and a robust storage and delivery infrastructure. It is notable that a new commodity is floated with the support of the largest players of the fat-and-oil industry who will help create a liquid market for oils on MOEX.

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