Futures & Options On RTS Stock Exchange: New Open Position Record

On February 26th, 2003, a new open position record was posted on FORTS (Futures & Options on RTS) - 405 thousand contracts and 1 757 million rubles in underlying value. These numbers top the previous, February 19th, 2003, record of 394 thousand contracts by 2.5% and 1 727 million rubles by 2%.

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. 81 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.