Futures & Options On The RTS Stock Exchange Derivatives Market: August 30th – September 3rd, 2004

For the week of August 30th – September 03th, total trading volume on FORTS (Futures & Options on the RTS) reached 5 244 million rubles and 691 thousand contracts. Total open interest as of August 27th, 2004, increased by 7% in rubles and 6% in contracts and equaled 7 487 million rubles and 976 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.