FORTS members executed 22 450 trades in futures contracts, with total trading volume totaling 1 041 thousand contracts, or 4 640 million rubles in underlying value. The previous period of December 2nd-December 6th, 2002, showed 12 705 trades, 570 thousand contracts and 2 519 million rubles in underlying value.
The average number of trades executed in options for the period of December 9th - December 20th, 2002, reached 894. FORTS options trading volume equaled 23 thousand contracts or 100 million rubles in underlying value, compared with 11 thousand contracts or 43 million rubles last week.
On December 15th, 2002, FORTS December futures contracts were settled/delivered. The total underlying value reached 209 million rubles. The "RAO UES of Russia" futures contracts posted the record 88 million rubles in underlying value.
FORTS, a unified derivatives market operating since September 19, 2001, is based on trading and settlement technologies and software that were implemented at and have been successfully used by St. Petersburg Stock Exchange for 7 years. RTS acts as the trading system and the clearinghouse on the integrated market. 80 companies headquartered in Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Samara, Rostov-on-Don, Kazan and Abakan are FORTS registered members. They trade 7 futures contracts and 2 options.
