OREANDA-NEWS. June 21, 2010. On June 17, 2010 options and single stock futures were settled through unified settlement technology implemented on FORTS and RTS Standard.

On June 9, 2010 front-month options and futures on individual stocks expired and were settled into relevant positions on RTS Standard. Market participants made and took physical delivery on these positions on June 17, 2010.

All the market participants who held their positions until delivery performed their obligations in full. The open interest generated on RTS Standard as the result of settling futures and options contracts amounted to 7,870,058,032 stocks:

Futures contract

Open interest
on FORTS
(contracts)

Open interest
on RTS Standard
(stocks)

GAZR-6.10

258,244

25,824,400

SBRF-6.10

91,858

9,185,800

VTBR-6.10

78,278

7,827,800,000

LKOH-6.10   

26,612

266,120

GMKR-6.10

19,162

191,620

ROSN-6.10

10,424

1,042,400

SBPR-6.10

3,016

301,600

URSI-6.10

2,610

2,610,000

HYDR-6.10

274

2,740,000

TRNF-6.10

192

192

CHMF-6.10

192

19,200

PLZL-6.10

130

1,300

SNGR-6.10

68

68,000

TATN-6.10

30

3,000

MTSI-6.10  

22

2,200

NOTK-6.10

22

2,200

Total

491,134

7,870,058,032

During the evening clearing session on the last trading day futures contracts were settled through the unified settlement technology by executing on RTS Standard a trade in the relevant stocks with settlement on Т+4 for the entire futures position.

"We’ve been looking forward to implementation of the unified settlement technology on FORTS and RTS Standard virtually from the launch of the new cash equity market. From our perspective it is the most convenient method to perform obligations under futures contracts. We have tuned up our settlement procedures employed on RTS Standard for equity trades executed in the on-exchange mode with settlement on T+N.