FORTS Trading System Tested In The Run-Up To The Launching Of The Evening Trading Session

In the period from May 22nd to May 25th, 2008 RTS will hold test trading sessions in order to check whether participants are ready to use the functionality of the evening trading session. Participants willing to take part in the test trading sessions are to submit their applications for participation by e-mail help@rts.ru or to inform the Derivatives Market Department or the Technical Support Department (tel.+7 495 500-3848) of their intention to participate.

Schedule of a test trading session:

11:00 – start of the primary trading session
12:30 – intra-day margining session, distribution of reports on the intra-day margining session results
14:00 – end of the primary trading session
14:01 – primary clearing session, scheduling of the trading session of the next trading day, distribution of reports on the clearing session results
14:15 – 23:50 – extended evening trading session of the next trading day.

To obtain reports, please, contact the Derivatives Market Department.We would like to remind you that trading sessions of each forthcoming trading day are currently scheduled at 08:00 pm on the previous trading day. Consequently, starting from 08:00 pm the information on trades and orders of the previous session will be available via special API procedures.

On May 12th, 2008 new standards of reports were adopted.

The first scheduling of the extended evening trading session on FORTS is planned for May 26th, 2008.