MOSCOW EXCHANGE MICEX-RTS Moscow Exchange informs market participants of a temporary change in the settlement procedure of the Brent Oil Futures Contract in January 2018.
The Brent Oil Futures Contract (BR-1.18) expired on 1 January 2018 has been added to the Exchange's trading system (the date was determined pursuant to section 1.5 of the contract specification).
Contract's final settlement price will be the ICE Brent Index's value as published on the ICE Futures Europe website on 29 December 2017 (pursuant to section 2.2.2 of the specification).
To synchronise final settlement of the MOEX Brent Oil Futures with the relevant ICE Futures Europe contract, Moscow Exchange is planning to move the last trading day (settlement day) of its contract to 29 December 2017 (from 1 January 2018). Please note that the revised date will be available in the system (with the contract code remained unchanged) only after the December Brent Oil Futures (BR-12.17) expires, i.e. on 4 December 2017, due to operational specifics of the Derivatives Market trading platform.
OJSC Moscow Exchange MICEX-RTS published this content on 28 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 November 2017 12:17:01 UTC.
Original documenthttp://www.moex.com/n17822/?nt=200
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