OREANDA-NEWS. November 17, 2010. A new evening session trading record was set on FORTS, the derivatives market of RTS, showing its highest value since the launch of the evening trading session on FORTS.

Turnover of derivatives on RTS reached a total value of RUB43,729,470,968  during the period from 7.00PM to 11.50 PM MSK. The previous record was seen on May 6, 2010, when evening trading on FORTS exceeded RUB42.9 billion.

"A large volume of accounting and statistics reports were released the day before , causing a correction on trading venues in Europe and the USA.  Negative news from foreign markets and market participants wishing to avoid negative dynamics of investments portfolios before the market opened in Russia resulted in high trading activity during the evening session", comments Evgeny Serdyukov, Director of the Futures & Options Market at OJSC RTS.

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 47 contracts (34 futures and 13 options) on RTS Index, shares of Russian companies, bonds, short term interest rates, currency, oil, gold, silver, and sugar.