Published on: 2026-09-24
Source: Moscow Exchange –
An important disclaimer is at the bottom of this article.
On September 30, 2026, trading begins on the Moscow Exchange’s derivatives market for the settlement futures contract on the Key Rate Index.
The new tool is aimed at a wide range of market participants. Financial companies and their corporate clients will gain a convenient way to manage interest rate risk in the exchange environment. Additionally, private investors will be able to implement trading strategies based on expectations of changes in the Bank of Russia’s key rate.
Parameters of the calculated futures contract on the Key Rate Index:
- Underlying asset – Key rate Index;
- Code – KEYRATE, short code – KK;
- Quote – in points;
- Expiration date and time – 19:00 on the scheduled dates of the Bank of Russia meetings for setting the key rate level;
At the same time, two contracts with the nearest execution dates will be admitted to the trading.
The contract specification has been posted on the Moscow Exchange website.
The calculation of the Key Rate Index started on August 24, 2026. The indicator value is determined based on information about the key rate values set on the dates of the meetings of the Board of Directors of the Bank of Russia, as well as in the period between the meeting dates. The index values are published every business day once per day no later than 5:00 PM.
You can familiarize yourself with the index calculation methodology on the Moscow Exchange website.
The Moscow Exchange derivatives market is the leading platform for trading financial derivatives in Russia and Eastern European countries, combining advanced infrastructure, reliability and guarantees, as well as the most modern technologies for trading futures and options. Today, on the Moscow Exchange derivatives market, 41 stock options are traded, three currency options, a gold option, an index option, more than 200 futures contracts and options on them, whose underlying assets include stock indices, stocks, currency pairs, precious and industrial metals, oil, gas and other commodities, interest rates.
Please note; This information is raw content obtained directly from the source of information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.