Trading Volume Of Futures Contracts On RTS Index Has Exceeded $1 Billion

On October 11, 2007 on FORTS (Futures and Options on RTS) there was registered a record trading volume of futures on RTS Index. By the trading results of the day, the trading volume made up 261 384 contracts or 28,5 billion rubles.

The previous record in trading volume of futures on RTS Index was registered on October 1, 2007 and made up 24,5 billion rubles.

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 and gold. The trading volume on FORTS in 2006 exceeded 100 bln dollars. All in all there were made more than 5 mln trades with 89,6 mln contracts. Average daily open interest on standard contracts in 2006 grew by 259,5% in rubles and in December reached 5 bln dollars.