Number Of Daily Transactions On Futures and Options On RTS Stock Exchange Exceeds 9,000

On June 17th, 2004, the new daily activity record was broken on FORTS, the derivatives section of the RTS Stock Exchange. 9150 transactions were executed, 30% higher than the average May daily trading volume (6875 transaction) and 4% higher than the previous record of 8 775 transactions set on June 1st, 2004.

September futures contracts for "RAO UES of Russia", "LUKoil" and "Gazprom" traded most actively.

Total turnover on June 17th reached 75,2 million US dollars, 32.6% up on May daily average volume of 56,7 million US dollars.

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 8 years. RTS acts as the trading system and the clearinghouse on the integrated market. 86 companies from Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Samara, Rostov-on-Don, Kazan and Abakan FORTS participants trade 8 futures contracts and 3 options.