The Risk Working Group and the Moscow Exchange Derivatives Market Committee recommended bringing forward the date of the last trading day and settlement day of the following June derivatives to 11 June 2014:
- Gazprom ordinary shares futures (GAZR-6.14) and series of options on this futures with settlement on 13 June 2014;
- Sberbank ordinary shares futures (SBRF-6.14) and series of options on this futures with settlement on 13 June 2014.
The move is caused by additional risks associated with settlement of quarterly futures and options on a trading day that is a non-business day in the country due to the public holidays. The new settlement date will come into effect on 18 December.
