OREANDA-NEWS. October 08, 2010. On October 7, 2010 a trading record on the gold futures contract was set. Trading volume of contracts on gold futures amounted to RUB2,622,774,623 (USD87.7 million).

"Uncertain and unstable recent movements on currency and spot markets have encourage the majority of  investors to use precious metals as a proven and reliable way of capital protection. Gold futures at RTS has a number of incontestable advantages compared to alternative ways of purchasing this metal, and this is why we are seeing more and more investors attracted to our gold futures contract", said Evgeny Serdyukov, Director of the Futures & Options Market at OJSC RTS.

Maximum open interest on EUR/RUB FX futures contract is set for three days in a row, due to the increased volatility of euro-ruble currency pair. On October 7, 2010, at the end of the main trading session, volume of open interest on this instrument totaled RUB5,428,008,620  (USD181.58 million) or 130,166 contracts.

FORTS, the derivatives market of RTS, is the leading trading venue for futures and options in Russia. Trading on FORTS started in September 2001. According to the Futures Industry Association the derivatives market of RTS is among the TOP-10 global derivatives exchanges based on the results of 2009. At present FORTS has the widest range of instruments in Russia. These are 46 contracts (33 futures and 13 options) on RTS Index,  shares of Russian companies,  short term interest rates, currency, oil,  gold, silver, and sugar.