OREANDA-NEWS. December 6, 2010. As of December 7, 2010 RTS Stock Exchange will introduce the calculation and publication of the Russian Volatility Index (RTSVX). The calculation will be based on current quotes of RTS Index options and will be carried out every 15 seconds (during RTS’s trading sessions).

The Russian  Volatility Index is the exchange’s first indicator on the Russian stock market, which reflects market participants’ expectations for potential fluctuations of the RTS Index futures contracts, and the Russian securities market as a whole.

‘The Russian Volatility Index broadens the range of RTS Indices, acting as a unique reflector of the situation on the Russian stock market. It reveals investments opportunities, predicts current market activity, instability levels and movements in the stock market’, said Sergey Golovanev, Head of RTS Indices and Market Data.

‘Experience of top global exchanges demonstrates that this indicator will serve as a benchmark for short-term market risks and as a barometer of investor sentiment and uncertainty levels on the stock market. Global financial centers in Europe, the USA and Asia have already calculated a similar index. The most well known among them is the CBOE Volatility Index (VIX)’, comments Evgeny Serdyukov, Director of Derivatives market FORTS at RTS Stock Exchange.

Starting from December 7, 2010 the Index’s historical data and current values will be available at the RTS Stock Exchange’s site in the Indices section and in the trading terminals. The data will also be distributed by the leading information agencies.