MICEX Derivatives Market Trading Statistics For April, 2006

In April 2006 the MICEX trading volume in USD/RUB futures was 2 158 700 contracts, or USD 2,2 billion in notional value (RUB 59,5 billion). The end-of-month open interest reached 1 736 910 contracts (USD 1,7 billion, or RUB 47,2 billion).

May 2006 futures represented 32% of total trading volume, while April 2006, June 2006 - December 2006 accounted for 22%, 21%, 10%, 5%, 6%, 1% and 3% respectively.

On April 30, 2006 the open interest among May 2006 - December 2006 and March 2007 contracts was distributed as follows: 39%, 16%, 6%, 6%, 22%, 2%, 8%, 1%.