Translation. Region: Russian Federal
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
We remind you that on September 22, 2025, Spectra 8.6 release will introduce the functionality of automatic transfer of a one-time payment upon execution of perpetual futures.
A one-time payment of 3% of the nominal value of the contract is provided for in the specifications of overnight contracts with automatic rollover. It is paid by the Participant who sent the order to execute the contract, which was subsequently executed by closing the opposite position of the Participant who did not send the order to execute the contract.
To test the functionality, it will be possible to submit orders for the execution of USDRUBF, EURRUBF, CNYRUBF, IMOEXF, GLDRUBF, SBERF, GAZPF contracts on the T 1 polygon from the evening trading session on September 4 until the end of the main trading session on September 8. The execution of orders and the formation of payments will take place during the evening clearing on September 8.
The news about how the execution of perpetual futures will take place in September in the production system is posted at the link: HTTPS: //VVV. MOEX.Kom/n93056? NT = 112.
The schedule of the T 1 polygon and additional weekend sessions is available at the link: HTTPS: //VVV. MEEX.K.M.Kom. The full list of changes in Spectra 8.6 is published in the news HTTPS: //VVV. MOEX.Kom/nya2742? NT = 107.
Changes in the gateway:
The following fields have been added to the fut_pos table of the clearing replica in the FORTS_CLR_REPL stream: pos_enforcement_exec, (i8) — Number of positions forcibly executed to exit the VF; pay_enforcement_exec, (d16.2) — Payment amount (including sign) for forced execution. The following field has been added to the fut_sess_settl table of the clearing replica in the FORTS_CLR_REPL stream: exp_enforcement_pay, (d16.2) — Payment amount (in rubles) for 1 contract for transactions to terminate obligations under the VF, in the event of forced execution, from the party that submitted the instruction to exit the VF, to the party that was forcibly closed.
Changes in reports:
In the payXXYY.csv and payclXXYYZZZ.csv reports, payments for forced exit from the VF appear under the name “One-time payment upon execution of overnight futures contracts with auto-rollover”. A new field has been added to the f07.csv report: exp_enforcement_pay, (numeric(16,5)) — The payment amount (in rubles) for 1 contract for transactions to terminate obligations under the VF, in case of forced execution, from the party that submitted the instruction to exit the VF, to the party that was forcibly closed. New fields have been added to the fposXXYY.csv and fposclXXYYZZZ.csv reports: pos_enforcement_exec, (i8) — The number of positions forcibly executed to exit the VF; pay_enforcement_exec, (numeric(16,2)) — The payment amount (taking into account the sign) for forced execution. Contact information for media 7 (495) 363-3232Pr@moex.kom
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.