Ukraine makes second stab at FX futures

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 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial