Futures & Options On The RTS Derivatives Market: September 6th - September 10th, 2004

For the week of September 6th – September 10th, total trading volume on FORTS (Futures & Options on the RTS) increased by 41% in rubles and 33% in contracts and reached 7 375 million rubles and 918 thousand contracts. Total open interest as of September 10th, 2004, increased by 12% in rubles and 9% in contracts and equaled 8 354 million rubles and 1 065 thousand contracts.

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 8 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 8 futures contracts and 3 options.