Sr. Correspondent, Broker Research, Bangalore, India
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Dec 18, 2014
Dec 18, 2014
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Dec 18, 2014
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Dec 18, 2014

Options traders bet on Russian ETF rebound

NEW YORK, Dec 18 (Reuters) – Trading in the U.S. options of
the largest Russian exchange-traded fund on Thursday suggested
that some traders may have begun positioning for the fund’s
shares to add to gains after hitting multiyear lows earlier in
the week.

Shares of the Market Vectors Russia ETF were down
2.5 percent at $15.43 on Thursday even after Russian President
Vladimir Putin, in a news conference in Moscow, assured Russians
that the economy would rebound after the rouble’s dramatic slide
this year.

Dec 18, 2014
    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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