Record Trading Volume On FORTS Set

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On November 13th, 2008 the number of trades on FORTS broke though 200,000 in one day for the first time. The new record high was 201 390 trades in futures and options. The previous record was set on September 10th, 2008 with the total number of futures and options trades reaching 172 300.

There was also a new record number of trades in futures contracts – 199 271 trades. The previous record was reported on November 12th, 2008 when participants made 169 160 trades in futures contracts.

November 13th, 2008 also saw a record number of trades in the RTSI futures contracts. By the closure of the main trading session 136 014 trades were made. The previous record was set on November 12th, 2008 when the number of trades in the RTSI futures reached 124 001.

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

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