Futures & Options On Russian Trading System Daily Trading Volume Hits All Time High

On September 24, 2002, a new record was set on FORTS (Futures & Options on RTS), the derivatives section of the RTS Stock Exchange. Total daily trading volume reached the all-time high of 141 587 contracts, compared to the previous, August 7th, record of 138 142 contracts. Total underlying value topped 396 million rubles; the number of trades reached 2 995.

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. 77 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.