OREANDA-NEWS. On 17 April 2008 was announced, that effective 21 April 2008 the procedure of providing evening clearing reports on RTS derivatives market will be changed – the reports will be distributed in two stages.

The following reports will be distributed during the first stage:
F04.dbf (Report on futures contracts);
F08.dbf (Report on futures contracts for the Settlement company);
FPOS.dbf (Report on futures positions);
MON.dbf (Report on cash assets);
O04.dbf  (Report on options contracts);
O08.dbf  (Report on options contracts for the Settlement company);
OPOS.dbf (Report on options positions);
PAY.dbf (Report on cash flows);
F07.dbf (Report on trading in futures contracts);
O07.dbf (Report on trading in option contracts);
FPOSCL.dbf (Report on client’s futures positions);
OPOSCL.dbf (Report on client’s options positions);
MONCL.dbf (Report on client’s cash assets);
CLIENTS.dbf (Report on registered clients).

The archive containing these reports will be marked with number "2".
During the second stage the rest of the reports of the current trading day, including the reports of the day clearing and reports of the first stage. The archive will be marked by number "3".

Apart from this O07.xls and F07.xls reports are excluded from the list of provided reports. The information contained in these reports can be obtained from F07.dbf and O07.dbf reports. The description of the reports in the dbf format can be found on RTS web-site http://ftp.rts.ru/pub/FORTS/ in the archive Cl_DBF_struct.zip.

The new procedure of distributing clearing reports is introduced for the purpose of accelerating the process of obtaining information on the results of the current trading day. After the introduction of the above changes the first-stage reports will be provided to Settlement companies in 15-20 minutes upon the end of the major trading session, the second-stage reports will be provided not later than an hour after the end of the major trading session. 

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 66 contracts (46 futures and 20 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.