Ukraine makes second stab at FX futures

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By Ross Lancaster
05 Aug 2020

The Ukrainian Exchange is reviving its FX futures market, two years after authorities shut down its trading software system.

Ukrainian Exchange’s first attempt at building a FX futures market began in 2014, but its offering failed to attract enough liquidity to sustain a market. 

Market participants wanting to hedge their hryvnia-dollar exposures opted for the non-deliverable forwards (NDF) market instead. The latter was better able to absorb the ...

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