top of page
Search

SPB Exchange launches trading in Ethereum index futures.


In early October, SPB Exchange launched its derivatives section. Initially, six futures became available to investors: on the indices of Brazil, India, China, and Saudi Arabia, on the Bitcoin index, and on the exchange's own shares.

SPB Exchange began trading on the SPB Future derivatives market with the ETHUSD futures contract, which reflects the price dynamics of ether, the trading platform reported. The underlying asset of the new futures contract is the index of shares of the foreign exchange-traded fund iShares Ethereum Trust ETF.

The new futures allow investors to implement targeted strategies based on expectations of growth or decline in the price of the underlying asset, combined strategies—inter-exchange arbitrage operations—and to use futures in combination with other exchange instruments, such as interest rates, notes SPB Exchange.


Futures contract parameters:

·       underlying asset code — ETHUSD;

·       underlying asset — index value reflecting the dynamics of iShares Ethereum Trust ETF shares (IETHUSD index);

·       contract size (in fractions of the underlying asset value) — 0.001;

·       price step — 0.01 points;

·       price step value — $0.00001;

·       trading lot — 1 unit;

·       settlement currency — ruble;

·       minimum margin requirement — 30%;

·       execution price determination time — Thursdays at 23:00 Moscow time;

·       contract expiration (last trading day) — weekly on Thursdays;

·       contract execution (settlement) — the next trading day after contract expiration.


Trading in futures contracts on the IETHUSD index is only available to qualified investors.

The SPB Exchange is expanding the range of instruments on SPB Future in three areas: futures linked to the value of cryptocurrencies; futures based on Russian securities; and futures on foreign securities, particularly those of BRICS countries.

On October 7, the SPB Exchange launched its derivatives section. Initially, six futures became available to investors: on the indices of Brazil, India, China, and Saudi Arabia, on the Bitcoin index, as well as contracts for the exchange's own shares.

 

Exchange and clearing commissions for transactions with futures contracts on the SPB Exchange will not be charged until November 30 inclusive.

 

The derivatives market on the SPB Exchange is called SPB Future and operates daily from 10:00 a.m. to 12:00 a.m. Moscow time with the mandatory presence of market makers at the trading sessions. The platform has given investors access to six instruments and has stated that it intends to “systematically expand its range of futures using Russian and foreign underlying assets.” All contracts are cash-settled, i.e., they exclude infrastructure risks associated with the delivery of the underlying asset.

 

Trading in futures linked to Ethereum (ETHA) is also available on the Moscow Exchange. The capital's trading platform launched them in early August. It introduced a cash-settled futures contract for shares of the iShares Ethereum Trust ETF investment fund, which is also available only to qualified investors.

 

On October 27, 2025, the Moscow Exchange began calculating and publishing the MOEX Ethereum Index (MOEXETH), which reflects the dynamics of the Ethereum digital currency. The indicator is calculated once a day at 12:30 p.m. based on Ethereum spot prices from four crypto exchanges: Binance, Bybit, OKX, and Bitget.



 
 
 

Comments

bottom of page