RTS: June Futures Contracts Settled And Delivered

June futures contracts were settled and delivered on June 16th, 2003. For the first time in FORTS history the deliverable futures contract on "LUKOil" stock was delivered. The total volume of the contracts equaled 44 million rubles. "RAO UES of Russia" futures contract topped the list with 178 million rubles in volume. US dollar exchange rate futures contract took the second place - 76 million rubles.

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 7 years. RTS acts as the trading system and the clearinghouse on the integrated market. 84 companies from Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Samara, Rostov-on-Don, Kazan and Abakan.