OREANDA-NEWS. April 7, 2011. Trading in new instruments, deliverable futures on federal loan bonds, was launched in the MICEX Group’s derivatives market. Three futures were put into circulation: on short-, medium- and long-term OFZ with execution in September and December 2011 each.

Since the first day of trading in OFZ futures, there has been a growing interest of participants in the new instrument. As a result of the first week of trading, the overall trading volume amounted to 7.510 contracts, which, in monetary terms, exceeds 750 million rubles. The average daily trading volume amounted to more than 1.5 thousand contracts (> 150 million rubles). At the end of the week open interest exceeded 6 thousand contracts (over 600 million rubles).

The contract that attracted the greatest interest of the participants during the first week of trading was the futures on medium-term OFZ with execution in September 2011. This futures accounted for the largest number of trades and the largest trading volume, 3 thousand contracts (302 million rubles). Also, trades were made in futures on the medium-term OFZ with execution in December 2011 and futures on short-term OFZ with execution in September and December 2011.