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Futures and options on RDX® USD Index at Eurex Exchange Since March 2012, Eurex Exchange is offering derivatives on Russian Depositary Index (RDX®). RDX® is a free float weighted price index made up of Russian ADRs/GDRs traded on London Stock Exchange. The index is calculated in USD and EUR and disseminated in real time. RDX® is designed as a tradable index to be used as RDX® USD Index is well-established in the financial market an underlying instrument for futures, options and structured and comprise the most liquid Russian ADRs/GDRs traded products. Constituent weights are capped on a quarterly at the London Stock Exchange. basis to ensure compliance with UCITS III standards for • The RDX® USD Index is the most traded Russian DR index in the interbank market. portfolio diversification. Russia continues to be one of the most attractive emerging markets: • Relative low valuations. • High number of structured products based on RDX® USD Index (approximately 130 licensees). RDX® USD Index currently consists of 15 components • Growing derivatives market. • Introduction in 1997. Volume and open interest has grown rapidly since launch • Index components are ADR/GDR only. date. Demand for a liquid hedging instrument such as Eurex • All components are listed and traded on London Stock RDX ® USD futures (FRDX) and options (ORDX) continues to Exchange (IOB). grow. Additionally, participants trade OTC flexible contracts • Maximum weight is 20 percent (quarterly rebalancing). regularly. The total traded contract volume since launch is • Price index. 602,624 contracts for FRDX and 1,289,040 contracts for • Number of stocks is not fixed. ORDX while the open interest stands at 59,185 contracts • BBG code: RDXUSD for FRDX and at 350,150 contracts for ORDX (August 2013). • ISIN: AT0000634076 DRs allow easier access to Russia by avoiding the cost of More information holding and trading international shares and other costs http://www.indices.cc/indices/details/rdu/facts associated in trading locally. RDX® USD Index Options – traded contracts and open interest (in thousands) 140 350 120 300 100 250 80 200 60 150 40 100 20 50 Mar 12 Apr 12 May 12 Jun 12 Traded contracts Jul 12 Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 Open interest Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 1 RDX® USD Index Futures – traded contracts and open interest (in thousands) 140 70 120 60 100 50 80 40 60 30 40 20 20 10 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Order book volume Aug 12 Sep 12 Oct 12 Nov 12 Dec 12 Jan 13 OTC volume Feb 13 Mar 13 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Open interest Contract specifications Futures Options Contract value USD 10 per index point Price quotation In points with one decimal place Minimum price change 0.5 index points (USD 5) Settlement Cash settlement Final Settlement Price The Final Settlement Price is established by Eurex based on the closing prices of the London Stock Exchange (IOB) for the index component shares. Contract months up to 36 months: The four nearest quarterly months of the March, June, September and December cycle and the four following semi-annual months of the June and December cycle. Last Trading Day and Final Settlement Day Last Trading Day is the third Friday of each maturity/expiration month. Final Settlement Day is the exchange day following the Last Trading Day. Trading hours 07:50 –22:00 CET (EurexOTC: 08:00 –22:00 CET) EurexOTC block trade size 100 contracts Vendor codes Bloomberg: RXDmy index Thomsonreuters: <0#FRDX:> 0.1 index points (USD 1) Up to 60 months: The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, the four following semi-annual months of the June and December cycle thereafter and the two following annual months of the December cycle thereafter. 09:15 –16:30 CET (EurexOTC: 09:15 –19:00 CET) Bloomberg: RDmyC Y index Thomsonreuters : 0#ORDX*EX:> Market Makers A market making scheme supports the success of Eurex RDX® USD Index futures and options and provides additional liquidity. Company Contact person Phone BNP Paribas FRDX: Geoffray Zanin, BNP Paribas Delta One Emerging ORDX: BNP Paribas CEEMEA Derivatives Trading Team +44-20-75 95-85 59 +44-20-75 95-89 52 Raiffeisen Centrobank AG FRDX: Johannes Hämmerle +43-1-51 52-04 39 Citigroup Global Markets Ltd. FRDX: Shiran Samuel ORDX: John Lavan +44-20-79 86-30 06 +44-20-79 86-97 13 VTB Capital plc ORDX: Matthieu Ressencourt Nicolas Ewald +44-20-33 34-80 15 +44-20-33 34-80 17 2 For further information please contact Sales United Kingdom Sales Germany Murat Baygeldi T +44-20-78 62-72 30 France Schuster T +49-69-211-1 52 38 [email protected] [email protected] Sales Asia & Middle East Sales Italy and Switzerland Roland Schwinn T +65-63 04-52 52 Markus-Alexander Flesch T +41-43-430-71 21 [email protected] [email protected] Sales France Product Development Paul Beck T +33-1-55 27-67 72 Tobias Ehinger T +44-20-78 62-72 31 [email protected] [email protected] ARBN Number: Eurex Frankfurt AG ARBN 100 999 764 Neither Eurex Frankfurt AG (Eurex), nor its servants nor agents, is responsible for any errors or omissions contained in this publication which is published for information only and shall not constitute an investment advice. Any information herein is not intended for solicitation purposes but only for the use ofgeneral information. Eurex offers services directly to members of the Eurex market. Those wishing to trade in any products available on the Eurex market or to offer and sell any such products to others should consider both their legal and regulatory position in the relevant jurisdiction and the risks associated with such products before doing so. 3