According to the latest FI Magazine rating compiled by experts from the Futures Industry Magazine, one of the world’s major professional associations of derivatives exchanges, on the basis of the results of the first half of 2008, the RTS gold futures, apart from being one of the world’s top 20 bullion contracts by the trading volume, is the fastest growing bullion derivative instrument in the world.
Over the first half of 2008 the trading volume in the gold futures on FORTS reached 2,517,385 contracts, which placed it in the 18th place among other derivatives on precious metals most actively traded worldwide. Compared to the similar period last year the trading volume grew by 240.34% making the RTS gold futures the fastest growing bullion contract worldwide.
Apart from this the FORTS market (Futures and Options on RTS) climbed a line up in the trading volume rating among other top 30 global derivatives exchanges ending up in the 15th place. The trading volume on FORTS in the first half of this year amounted to 123,693,337 contracts.
OJSC "Russian Trading System" Stock Exchange is the first Russian exchange to be estimated by an independent international agency. Upon several months of submitting the information on the FORTS market in accordance with the requirements set forth by the "Futures Industry Magazine" the RTS Index futures was ranked the fastest growing derivatives contract worldwide based on the trading volume in the RTS Index future gaining 511% in the first quarter of 2008 compared to the similar period last year.