OREANDA-NEWS. On 26 June 2009 was announced, that as of June 25, 2009, 6:00 pm MSK the Initial Margin on the sugar futures contract SUGA-07.09 (trading system code SUN9) will be increased to 25% of the settlement price in order to secure performance of delivery and payment obligations under the contract.

This is a temporary measure invoked until the end of the delivery period.

Raising the Initial Marin requirements is a step aimed at protecting the bona fide buyers of futures contracts against the risk of loss during the delivery period in July 2009.

FORTS, the derivatives market of RTS, is the 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 50 contracts (33 futures and 17 options) on shares of Russian companies, bonds, short term interest rates, currency, RTS Index, oil, silver, gas, oil products, sugar and gold.