OREANDA-NEWS. On 24 February 2009 was announced, that the nearby futures contracts on Urals oil and Brent oil expired.

The final settlement price for the UR-02.09 calculated on February 13, 2009 in accordance with the contract specifications amounted to 43,88 USD /barrel.

The final settlement price for the BR-02.09 also determined on February 13, 2009 was 44,52 USD /barrel.

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 48 contracts (31 futures and 17 options) on shares of Russian companies, bonds, short term interest rates, currency, RTS Index, oil, silver, gas, oil, sugar and gold.