OREANDA-NEWS. May 30, 2011. May 26, 2011 saw a significant trading activity in the precious metals section of FORTS, the derivatives market of RTS. By the end of the main trading session the turnover in silver futures hit an all-time record high of RUB 9,536,091,493 or USD334,841,727, or 90,582 contracts.

The total open interest in the commodities section reached a record value of RUB 17,301,733,405 or USD 607,517,483.

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 2010. At present FORTS has the widest range of instruments in Russia. These are 54 contracts (40 futures and 14 options) on RTS Index, RTS Standard Index, shares of Russian companies, short term interest rates, currency, oil, gasoil, power, gold, silver, and sugar.

The Russian Volatility Index (RTSVX) is the first local stock market benchmark that reflects market participants’ speculations regarding the future movements of the RTS Index, and hence, the movement of the Russian stock market as a whole.