OREANDA-NEWS. June 30, 2011. Within the framework of the joint project between RTS Group and OJSC "Saint Petersburg Exchange" trading in four new futures contracts on commodity assets will be launched.

Starting from June 30, 2011

futures contract on corn (trading system’s code - CRN);

futures contract on soybeans (trading system’s code - SBN);

and from July 5, 2011

futures contract on gasoil (trading system’s code - GSL);

futures contract on cotton (trading system’s code - CTN) will start trading.

All the contracts are cash-settled and quoted in rubles.  OJSC "Saint Petersburg Exchange" acts as a trading organizer, RTS Clearing Center and RTS Settlement Chamber will be responsible for clearing and settlements respectively.

"We consistently extend the number of trading instruments in the agro-commodities and oil products sections", said Evgeny Serdyukov, Derivatives Market Director at RTS Stock Exchange. "Within the framework of the joint project with Saint Petersburg Exchange futures on wheat and diesel fuel are traded that is why the launch of contracts on new underlying assets represents a scheduled and consequent step".

Contracts on commodities assets traded on the RTS Stock Exchange give market participants from the real economy sector an opportunity to insure against the risks of unfavorable price changes and allow private investors to implement their trading and arbitrage strategies.

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 58 contracts (44 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.