Futures & Options On The Russian Trading System: Record Trading Results

On November 13, 2002, the all-time total trading volume record of 172 745 contracts or 726.46 million rubles in underlying value was set on FORTS (Futures & Options on the RTS), the derivatives section of the RTS Stock Exchange.

The previous records were set on November 12th, 2002 - 161 721 contracts - and May 28, 2002 - 694.05 million rubles in underlying value.

The record data was also posted in options trading: 8626 contracts and 31.33 million rubles (the previous record, registered on November 12, 2002, showed 7841 contracts and 26.587 million rubles).

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. 80 companies headquartered in Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Samara, Rostov-on-Don, Kazan and Abakan are FORTS registered members. They trade 6 futures