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

FORTS (Futures & Options on the RTS) Derivatives Market posted a new open position record on January 13, 2003 - 348 thousand contracts, including 316 thousand contracts in futures and 32 thousand - in options. This is a 4,8% increase over the previous record of 332 thousand contracts dated November 20th, 20002.

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. 82 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.