Derivatives Market Futures and Options Contract Code Specifications
Codes of derivative contracts have 2 unique codes:
- Short
- Long (Full code)
Codes are different for futures and options contracts. Each code consists of components that include all the necessary information about the contract.
Below are brief and complete futures and options contract codes with examples and lists of values.
Futures codes
Short code
| C | M | Y | |||
|---|---|---|---|---|---|
Full code
| C | M | Y | ||||||
|---|---|---|---|---|---|---|---|---|
| - | - | |||||||
Perpetual futures code
| C | ||||||
|---|---|---|---|---|---|---|
| F | ||||||
Example 1:
RTS Index futures contract with expiration on 21.12.2023
Short code
Full code
Example 2:
Daily futures contract with automatic prolongation on USD/RUB
Perpetual futures code
Options codes
Short code
| C | P | K | M | Y | W | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Full code
| C | K | D | T | E | P | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Example:
Weekly equity-style put option on Gazprom share with expiration at 26.10.2022 and strike price 190.
Short code
Full code
Codes of the underlying asset for futures and futures-style options (field "C")
| Contract's Group | Futures and Options codes(field "C") |
Code of the underlying asset |
Underlying asset |
|---|---|---|---|
| Indices | MX | MIX | MOEX Russia Index |
| MM | MXI | MOEX Russia Index (mini) | |
| RI | RTS | RTS Index | |
| RM | RTSM | RTS Index (mini) | |
| VI | RVI | Russian Market Volatility | |
| HO | HOME | Moscow Real Estate DomClick Index | |
| OG | OGI | Oil&Gas MOEX Index | |
| MA | MMI | Metals & Mining MOEX Index | |
| FN | FNI | Financial MOEX Index | |
| CS | CNI | Consumer MOEX Index | |
| RB | RGBI | RGBI Index | |
| IMOEXF | IMOEXF | MOEX Russia Index | |
| Equities | AF | AFLT | Aeroflot (o.s.) |
| AL | ALRS | ALROSA (o.s.) | |
| CH | CHMF | Severstal (o.s.) | |
| FS | FEES | FGC UES (o.s.) | |
| GZ | GAZR | Gazprom (o.s.) | |
| GK | GMKN | Norilsk Nickel (o.s.) | |
| HY | HYDR | RusHydro (o.s.) | |
| LK | LKOH | LUKOIL (o.s.) | |
| MN | MGNT | Magnit (o.s.) | |
| ME | MOEX | Moscow Exchange (o.s.) | |
| MT | MTSI | MTS (o.s.) | |
| NM | NLMK | NLMK (o.s.) | |
| NK | NOTK | NOVATEK (o.s.) | |
| RN | ROSN | Rosneft (o.s.) | |
| RT | RTKM | Rostelecom (o.s.) | |
| SP | SBPR | Sberbank (p.s.) | |
| SR | SBRF | Sberbank (o.s.) | |
| SG | SNGP | Surgutneftegas (p.s.) | |
| SN | SNGR | Surgutneftegas (o.s.) | |
| TT | TATN | Tatneft (o.s.) | |
| TN | TRNF | Transneft (p.s.) | |
| VB | VTBR | VTB Bank (o.s.) | |
| MG | MAGN | MMK (o.s.) | |
| PZ | PLZL | Polus (o.s.) | |
| YN | YNDF | Yandex N.V. (o.s.) | |
| AK | AFKS | AFK Systema (o.s.) | |
| IR | IRAO | Inter RAO Group (o.s.) | |
| PO | POLY | Polymetal International (o.s.) | |
| PI | PIKK | PIK (o.s.) | |
| SE | SPBE | SPB Exchange (o.s.) | |
| RL | RUAL | United Company Rusal (o.s.) | |
| PH | PHOR | PhosAgro (o.s.) | |
| DY | DSKY | Detsky mir (o.s.) | |
| SS | SMLT | Samolet Group (o.s.) | |
| MC | MTLR | Mechel (o.s.) | |
| RE | RSTI | Rosseti (o.s.) | |
| SO | SIBN | Gazprom Neft (o.s.) | |
| TI | TCSI | TKS Holding (o.s) | |
| FV | FIVE | GDR X5 Retail Group N.V. | |
| VK | VKCO | VK (o.s.) | |
| OZ | OZON | ADR Ozon Holdings Plc | |
| SF | SPYF | SPDR S&P 500 ETF Trust | |
| NA | NASD | Invesco QQQ ETF Trust Unit Series 1 | |
| PS | POSI | Group Positive (o.s.) | |
| SX | STOX | iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | |
| HS | HANG | Tracker Fund of Hong Kong ETF | |
| DX | DAX | iShares Core DAX UCITS ETF (DE) | |
| N2 | NIKK | iShares Core Nikkei 225 ETF | |
| IS | ISKJ | Artgen (o.s.) | |
| WU | WUSH | WHOOSH Holding (o.s.) | |
| MV | MVID | M.video (o.s.) | |
| CM | CBOM | Credit bank of Moscow (o.s.) | |
| SZ | SGZH | Segezha Group (o.s.) | |
| BE | BELU | NovaBev Group (o.s.) | |
| FL | FLOT | Sovcomflot (o.s.) | |
| BS | BSPB | BSPB (o.s.) | |
| BN | BANE | Bashneft (o.s.) | |
| KM | KMAZ | Kamaz (o.s.) | |
| AS | ASTR | Astra Group (o.s.) | |
| S0 | SOFL | Softline (o.s.) | |
| SC | SVCB | Sovkombank (o.s.) | |
| Interest Rates | RR | RUON | RUONIA |
| MF | 1MFR | RUSFAR | |
| FXs | CR | CNY | CNY/RUB |
| Eu | Eu | EUR/RUB | |
| Si | Si | USD/RUB | |
| USDRUBF | USDRUBF | USD/RUB | |
| EURRUBF | EURRUBF | EUR/RUB | |
| CNYRUBF | CNYRUBF | CNY/RUB | |
| TY | TRY | TRY/RUB | |
| HK | HKD | HKD/RUB | |
| AE | AED | AED/RUB | |
| I2 | INR | INR/RUB | |
| KZ | KZT | KZT/RUB | |
| AR | AMD | AMD/RUB | |
| BY | BYN | BYN/RUB | |
| ED | ED | EUR/USD | |
| AU | AUDU | AUD/USD | |
| GU | GBPU | GBP/USD | |
| CA | UCAD | USD/CAD | |
| CF | UCHF | USD/CHF | |
| JP | UJPY | USD/JPY | |
| TR | UTRY | USD/TRY | |
| UC | UCNY | USD/CNY | |
| UT | UKZT | USD/KZT | |
| EC | ECAD | EUR/CAD | |
| EG | EGBP | EUR/GBP | |
| EJ | EJPY | EUR/JPY | |
| Commodities | BR | BR | BRENT |
| CL | CL | Light Sweet Crude Oil | |
| GD | GOLD | Gold | |
| GL | GL | Gold (RUB) | |
| GLDRUBF | GLDRUBF | Gold | |
| PD | PLD | Palladium | |
| PT | PLT | Platinum | |
| SV | SILV | Silver | |
| SA | SUGR | Raw Sugar | |
| SL | SLV | Silver (deliverable) | |
| AM | ALMN | Aluminum | |
| Co | Co | Copper | |
| GO | GLD | Gold (deliverable) | |
| Nl | Nl | Nickel | |
| Zn | Zn | Zinc | |
| NG | NG | Natural Gas | |
| WH | WH4 | Wheat | |
| W4 | WHEAT | Wheat Index | |
| Su | SUGAR | Sugar | |
Codes of the underlying asset for the European option (field "C")
| Contract's Group | Code of the underlying asset |
Code of the underlying asset in the Derivatives market |
Underlying asset |
|---|---|---|---|
| Equities | AL | ALRS | ALROSA (o.s.) |
| АК | AFKS | AFK Systema (o.s.) | |
| CH | CHMF | Severstal (o.s.) | |
| FV | FIVE | GDR X5 Retail Group N.V. | |
| GZ | GAZP | Gazprom (o.s.) | |
| GK | GMKN | Norilsk Nickel (o.s.) | |
| IR | IRAO | Inter RAO Group (o.s.) | |
| LK | LKOH | LUKOIL (o.s.) | |
| MG | MAGN | MMK (o.s.) | |
| MN | MGNT | Magnit (o.s.) | |
| MC | MTLR | Mechel (o.s.) | |
| NM | NLMK | NLMK (o.s.) | |
| NK | NVTK | NOVATEK (o.s.) | |
| OZ | OZON | ADR Ozon Holdings Plc | |
| PH | PHOR | PhosAgro (o.s.) | |
| PI | PIKK | PIK (o.s.) | |
| PZ | PLZL | Polus (o.s.) | |
| PO | POLY | Polymetal International (o.s.) | |
| RN | ROSN | Rosneft (o.s.) | |
| RL | RUAL | United Company Rusal (o.s.) | |
| SR | SBER | Sberbank (o.s.) | |
| SP | SBERP | Sberbank (p.s.) | |
| SS | SMLT | Samolet Group (o.s.) | |
| SN | SNGS | Surgutneftegas (o.s.) | |
| TI | TCSG | TKS Holding (o.s.) | |
| VK | VKCO | VK (o.s.) | |
| VB | VTBR | VTB Bank (o.s.) | |
| YN | YNDX | Yandex N.V. (o.s.) | |
| TT | TATN | Tatneft (o.s.) | |
| MT | MTSS | MTS (o.s.) | |
| PS | POSI | Group Positive (o.s.) | |
| ME | MOEX | Moscow Exchange (o.s.) | |
| IS | ISKJ | Artgen (o.s.) | |
| SC | SVCB | Sovkombank (o.s.) | |
| FX Contracts | Si | Si | USD-RUB Exchange Rate |
| Eu | Eu | EUR/RUB Exchange Rate | |
| CR | CNY | CNY/RUB Exchange Rate | |
| Commodities | GL | GL | Gold |
| Indices | IM | IMOEX | MOEX Russia Index |
Coding of options strike price (field "P")
For options on futures it is the price of underlying asset (futures price) that is noted in the field "strike price". The futures price in its turn is the product of an underlying asset’s price and lot size.
For premium stock options, the strike price field indicates the unit price of the underlying asset.
Coding of settlement type in short code (field "К")
| Symbol in short code |
Underlying asset | Category | Settlement type |
|---|---|---|---|
| A | Futures | American | Equity-style options |
| B | Futures | American | Futures-style options |
| С | Share, currency | European | Equity-style options |
Full Code Settlement type (field "К")
| Symbol in short code | Settlement type |
|---|---|
| P | Equity-style |
| M | Futures-style |
Full Code Option type (field "T")
| Symbol in short code | Option type |
|---|---|
| С | Call |
| Р | Put |
Full Code Expiration type (field "E")
| Symbol in short code | Expiration type |
|---|---|
| A | American |
| E | European |
Coding of settlement month (field "M")
| Futures | Options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
Coding of settlement year (field "Y")
The settlement year for futures and options is coded with one digit from 0 to 9.
4 – 2024,
5 – 2025,
6 – 2026.
Coding of weekly option sign (field "W")
| Field Code | Weekly Options |
|---|---|
| null | Monthly or quarterly option |
| A | Weekly option expiring on the first week of the month |
| B | Weekly option expiring on the second week of the month |
| С | Weekly option expiring on the third week of the month |
| D | Weekly option expiring on the fourth week of the month |
| E | Weekly option expiring on the fifth week of the month |
Algorithm for determining values of fields Y, M and W of short code of a weekly option:
- Determine the Thursday of the week with the expiration date
- Y value is based on the year of the Thursday
- M value is based on the month of the Thursday
- W value is based by the ordinal number of this Thursday in the month
Example 1:
Weekly call option on RTS Index with a strike of 130000 expires on Monday, 30 December 2019. The Thursday of the week (2 January 2020) is not a trading day. The expiration was moved to the closest preceding trading day.
Short code: RI130000BA0A, since the Thursday is in January 2020 and it is the first Thursday of the month.
Full code: RTS-1.20M301219CA 130000
Example 2:
Weekly call option on SBER with a strike of 240 expires on Wednesday, 31.01.2024.
The system encodes such series as February, because the Thursday of this week falls in February.
Code of the month: B (February)
Week code: A (1st-week of the month). The Thursday closest to the expiration date of 31.01.2024 is 01.02.2024, i.e. already in February
Short code: SR240BCB4A
Full code: SBERP310124CE240
Example 3:
The Derivatives market provides the possibility of entering option contracts with zero and negative strikes. An example of their encoding for a monthly call option on the July Brent crude oil futures expires on June 25, 2020 with a strike of -10.
Short code: BR-10BF0
Full code: BR-7.20M250620СA -10
In case of a zero strike (0) for a similar contract:
Short code: BR0BF0
Full code: BR-7.20M250620СA 0