On November 21st, a new trading volume record was set on FORTS. By the end of the main trading session FORTS members had made a record number of trades in derivatives – 229 123 trades in both futures and options.
The previous record was reported on November 13th, 2008 with FORTS members making 217 584 trades.
The number of trades in the futures contracts alone also reached the record high of 227 519 trades.
The previous record was set on November 13th, 2008 when FORTS members made 214 774 trades in the futures contracts.
FORTS, the derivatives market of RTS, is a leading trading venue for futures and options in Russia. Trading on FORTS started in September 2001. At present FORTS has the widest range of instruments in Russia. These are 65 contracts (47 futures and 18 options) on shares of Russian companies, bonds, short term interest rates, currency, RTS Index, oil, silver, gas, oil, sugar and gold.
Trading volume on FORTS in 2007 grew threefold and reached 297.41 bln dollars or 144.9 million contracts. Compared with 2006 the number of trades increased more than twofold and reached 11.7mln. Total open interest at the end of the year equalled 14.7 bln rubles in cash or 3.2 million contracts. FORTS also saw a record day’s trading in 2007 when the value of all contracts traded reached 5.2 bln dollars on December 13th, 2007.