CME Russian Ruble

CME® Russian ruble futures contracts offer financial institutions, investment managers, corporations and private investors the right tools to take advantage of, and to manage, the risks associated with the fluctuation of the ruble versus the U.S. dollar.

To comply with current exchange control regulations, CME Russian ruble contracts are cash-settled. That is, upon final settlement, only U.S. dollars will be transferred between accounts and there will be no delivery of rubles. The reference rate used for final settlement of the CME contracts will be the reciprocal of the CME/EMTA Russian Ruble per U.S. Dollar Reference Rate on the termination of trading day.