OREANDA-NEWS. March 10, 2011. The RTS Derivatives Market Committee recommended that the Board of Directors of RTS Stock Exchange consider the following amendments to fees on FORTS, the derivatives market of RTS:

Cancel the fee for opening own or a client’s section of the Clearing member’s clearing registers.

Halve  an Exchange’s fee for executing trades in futures contracts on ordinary shares of JSC VTB Bank , JSC "RusHydro", "Surgutneftegas" OJSC , Tatneft and preferred shares of Sberbank.

A twofold increase of an Exchange’s fee for executing trades in options.

After the Exchange’s trading and clearing system and internal systems of market participants have been improved it is recommended to consider increasing the Exchange’s fee for trades in futures contracts excluding scalpers trades. This recommendation may be implemented in the 3rd quarter of 2011.

The Committee has instructed the Executive Board of OJSC RTS to elaborate the incentives system for active brokers of the derivatives market.

"These decisions have been made on the grounds of systematic work carried out alongside consultants and the recommendations are based on the in depth analysis, consisting of global experience and the needs of professionals of the Russian market", said Evgeny Serdyukov, Director of the Futures & Options Market at OJSC RTS.