OREANDA-NEWS. May 17, 2011. On May 18, 2011 deliverable futures contracts on ordinary shares of OJSC "FGC UES", OJSC "Uralkali" and preferred shares of OJSC "Surgutneftegas" will start trading on FORTS, the futures and options market of RTS.  

Market participants will then be able to execute futures trades on 17 of the most liquid securities of leading Russian issuers from tomorrow.

"Securities in these companies have been in strong demand among investors recently," said Evgeny Serdyukov, Director of the Futures & Options Market at OJSC RTS. "The three new futures on shares will be a useful addition helping to develop financial strategies and will be a tool for minimizing risks during the periods of high volatility levels for these assets".

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 2010. At present FORTS has the widest range of instruments in Russia. These are 54 contracts (40 futures and 14 options) on RTS Index, RTS Standard Index, shares of Russian companies, short term interest rates, currency, oil, gasoil, power, gold, silver, and sugar.