In accordance with the resolution adopted by the Derivatives Market Committee of RTS on August 9, 2011 the basic sizes of the Initial Margin requirements for futures contracts on FORTS and instruments on RTS Standard are to be changed started from the evening clearing session at 6.45pm MSK on the 9th of August, 2011:
| Futures contracts on/ security on RTS Standard | Initial Margin size before 6.45pm MSK on August 9, 2011 | Initial Margin size coming into effect after 7.00 pm MSK on August 9, 2011 |
|---|---|---|
| RTS Index | 7,5%* | 10%* |
| RTS Standard Index | 7,50% | 10% |
| Russian Volatility Index | 30%* | 45%* |
| MMC NORILSK NICKEL ordinary shares | 15% | 20% |
| Gazprom ordinary shares | 12% | 15% |
| LUKOIL ordinary shares | 12% | 15% |
| Rosneft ordinary shares | 15% | 20% |
| Sberbank ordinary shares | 12% | 15% |
| Surgutneftegas ordinary shares | 15% | 20% |
| VTB Bank ordinary shares | 15% | 20% |
| Transneft preferred shares | 15% | 20% |
| Sberbank preferred shares | 15% | 20% |
| RusHydro ordinary shares | 15% | 20% |
| Surgutneftegas preferred shares | 15% | 20% |
| INTER RAO UES ordinary shares | 15% | 20% |
| Gazprom Neft ordinary shares | 15% | 20% |
| Troika Dialog AM, "Troika Dialog – RTS Standard Index", fund units | 15% | 20% |
| USD/RUB exchange rate | 3,50% | 5% |
| EUR/RUB exchange rate | 3,50% | 5% |
| EUR/USD exchange rate | 3,5%* | 5%* |
| AUD/USD exchange rate | 3,5%* | 5%* |
| GBP/USD exchange rate | 3,5%* | 5%* |
| Two- year Russian Federation government bonds | 2% | 3% |
| Four-year Russian Federation government bonds | 3% | 4% |
| Gold | 7,5%* | 10%* |
| Refined silver | 10%* | 15%* |
| URALS oil | 10%* | 15%* |
| BRENT oil | 10%* | 15%* |
| Diesel fuel | 10% | 15% |
| Refined platinum | 10%* | 15%* |
| Refined palladium | 10%* | 15%* |
| Copper | 10% | 15% |
| Sugar | 10% | 15% |
| Raw sugar | 10% | 15% |
| Gas-oil | 10% | 15% |
| Corn | 12% | 15% |
| Cotton | 12% | 15% |
| Wheat | 12% | 15% |
| Soybeans | 12% | 15% |
| RTS Money USD/RUB | 3,50% | 5% |
* Values of the initial margin basic size in rubles are greater than those indicated hereinabove for these contracts as a current USD/RUB exchange rate is used to calculate variation margin and initial margin sizes.
In addition, RTS Clearing Center made a decision to increase Initial Margin basic size for RTS Money instruments:
| Instruments on RTS Money | Initial Margin size before 6.45pm MSK on August 9, 2011 | Initial Margin size coming into effect after 7.00 pm MSK on August 9, 2011 |
|---|---|---|
| Currency pair USD/RUB | 3,5% | 5% |
| Currency swap USD/RUB | 3,5% | 5% |
