OREANDA-NEWS. September 20, 2011. On September 19, 2011 FORTS, the largest futures and options market in the Eastern Europe, marked its tenth birthday.  The era of qualitative and civilized development of trading in derivatives has started with the launch of trading on the market. Over the years the RTS has in increasing the range of FORTS instruments by more than ten times, implementing state-of-the-art technologies conforming to the highest world standards which allowed Russian and foreign investors to trade comfortably and confidently almost 14 hours a day as well as to ensure competitiveness of the Russian on-exchange infrastructure on the global market.

 "FORTS development history has demonstrated the power of the market at its core, because indeed developing a market is a joint creative work. This is its weak point due to the difficulties in finding consensus. On the other hand such work provides the power to the market. RTS Stock Exchange accumulates the market potentials because it implements market ideas’, said Anatoly Gavrilenko, Chairman of the Supervisory Board, ALOR Group of Companies.

 For the second year in a row, FORTS entered the TOP-10 largest global futures and options trading venues. The futures contract on the RTS Index launched in 2005 became the most liquid instrument of the Russian stock market. In addition, it is among the world’s leading futures contracts on indices assets in terms of trading volume.  

 "Effective coordination and the dialog between the market participants and the Exchange managers were the keys to the FORTS success. The nowaday FORTS with a variety of instruments, the flexible and reliable guarantee system for trades settlements, high level of liquidity appeared due to such well co-ordinated work, desire of the managers to listen and make balanced decisions as well as the Derivatives Market Committee scope of powers. The most important thing is that FORTS continues its rapid development’, said Andrey Belinskiy, CEO at IF "OLMA".

 Present trading volume values on the RTS derivatives market exceed by several times the spot-market turnover that corresponds with the global markets trends. It is noteworthy that many FORTS records took much less time to be achieved than those of leading foreign venues. This fact demonstrates the timeliness and necessity of the FORTS establishment in Russia.

 "RTS is passing through phase of joining to MICEX now and we are presented with the serious task of making the Russian exchange infrastructure attractive, convinient and necessary for all categories of investors’, said Roman Goryunov, CEO at OJSC RTS. "I am sure that the unique experience of the FORTS market success will be essential to achieve this goal in the near future".