OREANDA-NEWS. November 2, 2010. On November 1, 2010 the initial stage of transferring to a new methodology to calculate contribution amounts going into the RTS Contingency Fund and also the implementation of their differentiation, depending on participants open interest volume, will start. Thereby, contributions by RTS market participants will depend on the average daily collateral for open interest on the RTS Standard and FORTS markets over the last 6 months.

In addition, the Reserve fund, funded by the Joint-stock company RTS Clearing Center, will be increased to RUB650 million.

Together, the RTS Guarantee Funds will be increased by more than RUB 1.0 billion and in 2011 will reach RUB3 billion as a result of transferring to this new methodology.

Increasing both the Contingency and Reserve funds was necessary due to the recent doubling of open interest volume and continuous growth of trading participant activity.

According to the Committee, the process of moving over to the new mechanism will take several stages.