Futures & Options On The RTS Stock Exchange Derivatives Market

For the week of April 11th – April 13th, 2005, total trading volume on FORTS (Futures & Options on the RTS) increased by 18% in rubles and reached 7 753 million rubles and 867 thousand contracts. Total open interest as of April 15th, 2005, equaled 13 774 million rubles and 1 602 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. 87 companies from Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Samara, Rostov-on-Don, Kazan and Abakan FORTS participants trade 8 futures contracts and 4 options.