OREANDA-NEWS. November 18, 2011. In accordance with the methodology, the indicative USD/RUB exchange rate will be calculated from 10:00 am to 07:00 pm based on the prices of the regulated FX market of MICEX. From 7:00 pm, after the FX market of MICEX is closed, to 11:50 pm, the indicative USD/RUB exchange rate will be calculated based on indicative quotes published by the interbank market participants and disclosed by Thomson Reuters.

The indicative USD/RUB exchange rate is employed in calculation of the RTS Indices and determination of the tick value for a number of derivatives contracts trading on FORTS and consequently, in determination of the variation  margin size.

The new approach to calculating the indicative USD/RUB exchange rate will allow investors to take into account a situation on the foreign exchange market. Those market participants who trade derivatives on the RTS indices and contracts quoted in points or foreign currency will be able to optimize their trading strategies and therefore improve their effectiveness.