OREANDA-NEWS. November 15, 2010. On November 12, 2010 a trading record was set on FORTS currency market. By 6.45 PM MSK turnover of futures and options on currency pairs totaled USD1.8  billion (RUB54.5 billion) or 1,511,367 contracts.  77,001 trades on these instruments were executed.

Trading volume of RUB\USD FX futures, the most liquid instrument of FORTS currency market, hit USD809 million (RUB24,684,496,994) or 800,213 contracts, setting a record since 2002. Number of trades on this instrument reached 63,344.

At the end of yesterday’s trading day trading volume of EUR/USD FX futures amounted to USD968.7 million (RUB29,556,242,320), representing 702,705 contracts.

By 6.45 PM MSK of November 12 open interest volume of currency futures totaled 1,890,704 contracts. Open interest volume of RUB/USD FX futures and EUR/USD FX futures made up 1,361,546  and 187,946 contracts respectively.

"In recent months we have seen an upturn of liquidity in instruments of FORTS currency section. The rising level of liquidity attracts greater number of active traders", comments Evgeny Serdyukov, Director of the Futures & Options Market at OJSC RTS.

FORTS, the derivatives market of RTS, is the leading trading venue for futures and options in Russia. Trading on FORTS started in September 2001. According to the Futures Industry Association the derivatives market of RTS is among the TOP-10 global derivatives exchanges based on the results of 2009. At present FORTS has the widest range of instruments in Russia. These are 46 contracts (33 futures and 13 options) on RTS Index, shares of Russian companies, short term interest rates, currency, oil,  gold, silver, and sugar.