Derivatives market

Derivatives Market

In the UZCE derivatives market, through the new in-house electronic trading platform of UZCE, corresponding to international standards, trading in futures contracts is organized, the underlying asset of which is the US dollar exchange rate against UZS.

The new instrument offered to market participants in the line of other exchange products traded on the UZCE markets allows hedging currency risks, mitigating external and internal risks associated with exchange rate volatility, as well as generating income on price changes.

The launch of trading in currency futures was preceded by the introduction of the institute of market makers in the UZCE currency market in 2021, the activities of the central counterparty, as well as the creation of a Guarantee Fund to ensure the fulfillment of obligations under transactions concluded on the UZCE trading platform.