OREANDA-NEWS. On 30 April 2008 was announced, that a record volume of open interest on US dollar futures and option contracts was registered. At the end of the trading session of April 28th, 2008 the volume of open interest stood at 1,097 mln contracts, which equals 1,097 billion US dollars.

The previous record was set on April 10th, 2006 when the volume of open interest on currency contracts reached 909 986 contracts.

FORTS, the derivatives market of RTS, is a leading trading venue for futures and options in Russia. Trading on FORTS started in September 2001. At present FORTS has the widest range of instruments in Russia. These are 66 contracts (46 futures and 20 options) on shares of Russian companies, bonds, short term interest rates, currency, RTS Index, oil, silver, gas, oil, sugar and gold.

Trading volume on FORTS in 2007 grew threefold and reached 297.41 bln dollars or 144.9 million contracts . Compared with 2006 the number of trades increased more than twofold and reached 11.7mln. Total open interest at the end of the year equalled 14.7 bln  rubles in cash or 3.2 million contracts. FORTS also saw a record day’s trading in 2007 when the value of all contracts traded reached 5.2 bln dollars on December 13th, 2007.