Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

After-Hours Trading Volume On FORTS Exceeds RUB43 Billion

Date 17/11/2010

On November 16, 2010 a new evening session trading record was set on FORTS, the derivatives market of RTS, showing its highest value since the launch of the evening trading session on FORTS.

Turnover of derivatives on RTS reached a total value of RUB43,729,470,968  during the period from 7.00PM to 11.50 PM MSK. The previous record was seen on May 6, 2010, when evening trading on FORTS exceeded RUB42.9 billion.

"A large volume of accounting and statistics reports were released the day before , causing a correction on trading venues in Europe and the USA.  Negative news from foreign markets and market participants wishing to avoid negative dynamics of investments portfolios before the market opened in Russia resulted in high trading activity during the evening session", comments Evgeny Serdyukov, Director of the Futures & Options Market at OJSC RTS.