Moscow Exchange announces permanent cancellation of Russian Market Volatility Index

Moscow Exchange (MOEX) just announced that on December 12, 2016, the Methodology of the Russian Volatility Index will terminate and the index calculation will be discontinued.

In late 2013, the RTSVX was replaced by the new RVI – Russian Volatility Index calculated based on global standards of index design.

The Exchange decided to keep calculating the RTSVX until futures contracts on the index expire.

The RTSVX futures are not traded anymore, as the RVI futures are available to trade from June 2014.

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