OREANDA-NEWS. July 4, 2011. On June 30, 2011 futures contract on raw sugar, SUGR–7.11, and futures contract on wheat, GR-7.11, (the contract is traded on OJSC Saint Petersburg Exchange) expired.

In accordance with the contracts’ specifications final settlement prices were calculated on July 1, 2011 and amounted to:

for GR-7.11 – 6,568.63 rubles per ton,

for SUGR-7.11 – 17.43 rubles per kilogram.

The Russian Trading System is a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modelled on NASDAQ's trading and settlement software; in 1998 the exchange went on line with its own in-house system. Initially created as a non-profit organisation, at the moment RTS is in the process of reorganisation: it is being transformed into a joint-stock company. RTS data is distributed world-wide through major financial information vendors such as Reuters.