On November 1, 2007 on FORTS (Futures and Options on RTS) there was registered a record trading volume of futures on RTS Index. On a single trading day the total trading volume of this derivative was 32,8 billion rubles or 295 047 contracts.
The previous record in trading volume of futures on RTS Index was registered on October 25, 2007 and made up 29 billion rubles.
Also on November 1, 2007 there was registered a record in the number of trades on FORTS. By results of a trading day, there were executed 84 219 trades on futures and 2971 trade with options. The previous record was registered on July 27, 2007. The number of trades on futures was then 68 352, on options – 2415 trades.
Derivatives market of RTS – FORTS is a leading trading ground for futures and options in Russia. Trading on FORTS started in September 2001. At present FORTS has the widest in Russian range of instruments. These are 58 contracts (39 futures and 19 options) on shares of Russian companies, bonds, short interest rates, currency, RTS Index, oil, gas oil, gold and sugar.
The trading volume on FORTS for the period of 9 months in 2007 exceeded 166 bln dollars. From January to September 2007 there were made more than 7,2 mln trades with 93,5 mln contracts. Average daily open interest on standard contracts in 2007 grew by 102,6% and in September reached 8 bln dollars.
