Ukrainian Exchange
Established in October 2008, Ukrainian Exchange has become one of the fastest developing exchanges in the world. Now it offers trading in a wide array of financial instruments ranging from cash equities to futures and options.
With a 43% stake in the capital of the Ukrainian Exchange, Open Joint Stock Company "Russian Trading System" Stock Exchange is its main shareholder. The remaining stocks are held by over forty local investment institutions.
On March 26, 2009 the Ukrainian Exchange launched UX Index, the first real time cash equities index in Ukraine. Now UX Index tracks 15 most liquid and highly capitalized local shares and is widely recognized as the main benchmark for the Ukrainian securities market.
Currently the Ukrainian Exchange offers trading on the following markets:
- Order-driven market is an anonymous market where trades are executed based off a continuous double auction, with settlement in hryvnas on T+0 and with 100% advance depositing of securities or cash.
- Quote-driven market is a market for non-anonymous quotes without the need for advance depositing of securities or cash. Market participants may negotiate the terms of trades to be executed based on these quotes (T+N, where N=0…10).
- Repo market is a market where market participants may lend money against securities (and other way), the terms of trades to be executed is T+N, where N=0…365.
- offers the easiest way to lend money against securities, or the other way round.
- Derivatives market was launched in May 2010. Currently 2 contracts are available for trading. These are futures and options on the UX Index. There are plans to launch 4 more contracts in a nearest future including contracts on oil, gold, USD/UAH exchange rate and wheat.
At the moment the Ukrainian Exchange is the leading local market operator for both equities and derivatives.
UX markets operate on robust electronic platforms meeting international standard that support direct market access and algorithmic trading.
For further information, please contact the Public Relations Department at (044) 495-7474.
