The following are the trading statistics for December’06 in the MICEX Derivatives Market:
- there were 6 transactions in the interest rate futures contracts with notional value of 567 million rubles (57 contracts);
- there were 237 transactions in the USD/RUB futures totaling 77.9 billion rubles (2,968,200 contracts).
As of December 31, 2006 the open interest in the USD/RUB futures was 36.5 billion rubles (1,385,800 contracts).
With 1,293,808 contracts – 44% of the total volume – January’07 was the most actively traded month in the USD/RUB futures, with the other months traded as follows: December’06 and February’07 – 16% each, March’07 – 12%, April’07 and September’07 – 4% each, May’07 and June’07 – 2% each.
On December 31, 2006 the March’07 USD/RUB futures had the largest open interest with 329,700 contracts (24%) with the remaining open interest distributed as follows: January’07 and February’07 – 18% each, June'07 – 14%, September’07 – 13%, May’07 – 7%, April’07 – 5% and December’07 – 1%.
