RTS Announced Record Trading Volume in Evening Trading Session
OREANDA-NEWS. On 10 July 2008 was announced, that on July 7th, 2008 there were 77,523 trades for a total \\\\$258,331,887 executed on FORTS in the evening trading session which exceeded 15% of the FORTS daily trading volume.
The highest demand was shown for the RTS Index futures contract. The number of trades in this instrument reached 10,163 which is 51,692 contracts or 5.3 billion roubles in money terms.
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 64 contracts (46 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 roubles 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.
Комментарии