Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

FORTS: Trading Volume Of Power Futures Exceeds 80 Thousand Contracts

Date 14/12/2010

At the end of the week of December 6-10, 2010 the Exchange’s market of power futures contracts saw a record trading volume – 82,919 contracts or RUB4.8 billion representing more than 6 mln Mwh.

The most active were the market participants who traded contracts on average power price of Ural and Siberia ("Ural" and "East Siberia" hubs).

Trading in futures contracts on an index of average power price in the hubs of the wholesale market of electricity and capacity is a joint project of the OJSC "Moscow Energy Exchange" and RTS Stock Exchange.

Futures contracts on the average power price Index are the  exchange’s first derivatives contracts on the Russian power market which is one of the biggest energy market in Europe. Developing a market in cash-settled futures contracts on power is a joint project of the RTS Group of companies and OJSC "Moscow Energy Exchange".