Moscow Exchange expands its crypto derivatives lineup with ruble-settled XRP perpetual futures, targeting qualified investors while imposing strict 43% margin requirements to mitigate volatility.
Moscow Exchange launches XRP perpetual futures settled in rubles, increasing trading options but with a high 43% margin requirement and no direct token buying pressure.
Bitcoin is an existing crypto futures contract on Moscow Exchange, mentioned as a benchmark for margin comparison.
Ethereum is part of the Moscow Exchange's existing crypto futures lineup, mentioned alongside XRP.
Solana is one of the five cryptocurrencies with pricing indices on Moscow Exchange, mentioned as an existing contract.
Tron is part of the Moscow Exchange's crypto futures offerings, mentioned as an existing contract.
The Moscow Exchange has introduced ruble-settled perpetual futures for XRP, allowing qualified investors to speculate on price movements without direct token ownership. With a 43% margin requirement, the exchange classifies XRP as its most volatile crypto asset, significantly higher than the requirements for Bitcoin or Ethereum.
No, the contracts are cash-settled in rubles. Investors speculate on the price index of XRP without the exchange holding or delivering the underlying digital asset.