OREANDA-NEWS. For the period from the evening clearing session of October 25, 2007 to the evening clearing session of October 30, 2007 the minimal size of the initial margin for the November futures contract on sugar is to be increased.

For this period the minimal basic size of the initial margin will be fixed at the level of 20% of the contract price.

The increase of the basic size of the initial margin is connected with the oncoming delivery in November 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 FORTS has the widest in Russian range of instruments. These are 58 contracts (39 futures and 19 options) on shares of Russian companies, bonds, short interest rates, currency, RTS Index, oil, oil products and gold.

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 reached 5 bln dollars.