.jpg)
On February 27, 2009 futures-style options will start trading on FORTS, RTS derivatives market.
In the first instance futures-style options on April and June futures contracts on the RTS Index will be launched with prospects to extend the range of futures-style options in the foreseeable future.
Futures-style options are a totally new instrument on the Russian derivatives market that will open up vast opportunities for the market participants. Thanks to the consolidated system of risk evaluation for futures and futures-style options on futures contracts the funding costs will be reduced, and the risk management system will be optimized, thus providing for a qualitative development of the options market.
Please, note that FORTS members are able to make test trades in futures-style options and receive clearing reports from the testing polygon. Users of the client module for calculation of the initial margin can test the algorithm for calculation of the initial margin on the new instruments prior to their launch. If you would like to be connected to the testing polygon, please, submit your application at beta-test@rts.ru.
