26 Jan 2012
Otkritie Capital (‘Otkritie’), the investment banking arm of Otkritie Financial Corporation, is offering institutional investors access to Ukraine’s UX Index Futures; marking a further competitive advantage for the firm in terms of its CIS coverage.
Prior to this, no global investment bank offered institutional investors access to this asset class, with only a few local brokers providing a limited version to regional clients. However, Otkritie Capital, which has led the Russian success story regarding RTS Index Futures, had its first client successfully trade in Ukrainian Index Futures in January 2012.
Launched by the country’s exchange (UX) in May 2010, Ukrainian Index Futures have rapidly become the most liquid investment, with 30% of the market’s capitalisation and 85% of the total trading volume – as of January this year. Key industries include heavy machinery (25%), energy (18%) and telecommunications (16%).
Prior to this, no global investment bank offered institutional investors access to this asset class, with only a few local brokers providing a limited version to regional clients. However, Otkritie Capital, which has led the Russian success story regarding RTS Index Futures, had its first client successfully trade in Ukrainian Index Futures in January 2012.
Luis Saenz, CEO of Otkritie Capital Inc, said: “Otkritie is determined to offer our clients and institutional investors alike, the most comprehensive access to all markets wherever there is industry demand, so that they can take advantage of the investment opportunities available to them. This latest achievement is exactly what Otkritie’s DNA is all about: innovation, unique access and transparency, and we will continue with this approach.”
Launched by the country’s exchange (UX) in May 2010, Ukrainian Index Futures have rapidly become the most liquid investment, with 30% of the market’s capitalisation and 85% of the total trading volume – as of January this year. Key industries include heavy machinery (25%), energy (18%) and telecommunications (16%).
