New Record Set On FORTS

November 12th, 2008 also saw a record number of trades in the RTS Index futures contract. By the end of the main trading session 124,001 trades were made.

The previous record in the number of RTSI futures trades was set on October 23rd, 2008 when the market participants made 116,432 trades.

FORTS, the derivatives market of RTS, is a leading trading venue for futures and options in Russia. Trading on FORTS started in September 2001. At present FORTS has the widest range of instruments in Russia. These are 65 contracts (47 futures and 18 options) on shares of Russian companies, bonds, short term interest rates, currency, RTS Index, oil, silver, gas, oil, sugar and gold.

Trading volume on FORTS in 2007 grew threefold and reached 297.41 bln dollars or 144.9 million contracts .Compared with 2006 the number of trades increased more than twofold and reached 11.7mln. Total open interest at the end of the year equalled 14.7 bln rubles in cash or 3.2 million contracts. FORTS also saw a record day’s trading in 2007 when the value of all contracts traded reached 5.2 bln dollars on December 13th, 2007. -- www.rts.ru