OREANDA-NEWS. On September 13, 2007, on the Futures and Options on RTS market (FORTS) the trading volume made up 49,7 billion rubles, which is equal to 1,193,000 contracts. This is an absolute record in daily trading volume on the FORTS derivatives market . The previous record trading volume was registered on August 10, 2007 and made up 46,6 billion rubles or 884,051contracts.

According to the RTS' press-service, the increasing interest of FORTS trading participants is connected with the coming settlement date of the September futures contracts. The trading participants close the nearest positions and open distant positions on futures with the settlement in December. Besides, on September 12, 2007, there took place an expiration of options on September futures contracts. After that the trading participants actively started opening positions on options on futures contracts with the settlement date in December 2007.

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, in Russian range of instruments FORTS is the widest . 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 of that year reached 5 bln dollars.