OREANDA-NEWS. February 14, 2011. On February 11, 2011 Urals futures (UR-02.11) and Brent futures (BR-02.11) contracts expired.

In accordance with the contracts’ specifications final settlement prices were calculated on February 14, 2011:

UR-02.11 – USD98.54  /barrel.

BR-02.11 – USD101.22 /barrel.

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 53 contracts (38 futures and 15 options) on RTS Index, shares of Russian companies, short term interest rates, currency, oil, gold, silver, and sugar.