OREANDA-NEWS. On 29 May 2008 was announced, that on May 26th, 2008 on FORTS (Futures and options on RTS) there was registered a new record on the volume of open interest on gold options contracts. At the close of the trading session on May 26th, 2008 the volume of open interest made up 107 452 contracts.

The previous record was registered on May 20th, 2006 when the volume of open interest on gold futures stood at 97 334 contracts.

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 range of instruments in Russia. These are 71 contracts (51 futures and 20 options) on shares of Russian companies, bonds, short 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.