MICEX Index Futures Trading Volume Exceeds RUB 8.5 Billion
OREANDA-NEWS. October 5, 2011. On October 4, 2011 at the end of the main session on FORTS, the futures and options market of RTS, trading volume of the new futures contract on the MICEX Index launched on 30 September amounted to USD267,422,644 (RUB8,715,036,555) representing 66,955 contracts.
"These figures are very good results for the contract with three-day trading history", said Evgeny Serdyukov, Derivatives Market Director at RTS Stock Exchange. "Simultaneous presence of the dollar and ruble stock market indices derivatives is very important for most market participants when there are no clear trends on global financial markets".
11,289 trades in this contact were executed by the end of yesterday’s trading day.
MICEX Index is a capital-weighted price index consisted of 30 stocks of the major and rapidly developing Russian issuers from the main sectors of Russian economy represented on the MICEX Stock Exchange.
FORTS, the derivatives market of RTS, is the leading trading venue for futures and options in
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