Futures & Options On RTS Stock Exchange: Market Data (June 9th - June 21st, 2003)

For the period of June 9th- June 21st, 2003, daily average trading volume on FORTS (Futures & Options on RTS) reached 143 thousand contracts, or 988 million rubles in underlying value, compared with 142 thousand contracts and 88 million rubles for the previous period of June 2nd- June 6th, 2003. The number of transactions increased from 11 306 to 28 431. Total open interest as of June 21st, 2003, stood at 131 thousand contracts or 881 million rubles in underlying value, compared with 476 thousand contracts and 3 094 million rubles, from June 2nd to June 6th.

Futures contracts traded 27 3064 times, up from 14 184 times reported last week. Futures total trading volume reached 1 209 thousand contracts, or 8 403 million rubles in underlying value (from June 2nd to June 6th, 2003, the data equaled 672 thousand contracts and 4 175 million rubles, accordingly).

FORTS options trading volume equaled 76 thousand contracts or 491 million rubles in underlying value, compared with 8 thousand contracts and 54 million rubles reported for the previous period. 1 125 transactions with options were executed.

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. 84 companies from Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Samara, Rostov-on-Don, Kazan and Abakan FORTS participants trade 7 futures contracts and 2 options.