FORTS: Futures Contract On The RTS Standard Index Trades Over USD69 Million On The First Day

On February 15, 2010 a cash-settled futures contract on the RTS Standard Index (RTSS) was launched on FORTS, the derivatives market of RTS.

On its first day of trading more than 1,000 market participants carried out transactions in the new instrument making over 3,150 trades to the value of RUB2,086,074,125 (USD69.168 million), represented by 23,000 contracts. The open interest reached RUB237,730,230 (USD7.882 million) or 2,614 contracts. The average size of a trade was 7 contracts.

For more information and the contract’s specifications, please visit the contract's page.