Initial Margin on cash-settled futures contract on gasoil to be reduced

On September 7, 2010, during the evening session period (6:45 pm – 7:00 pm) the size of initial margin for futures contract on gasoil (DS) will be decreased.

The minimum size of initial margin for these contracts will be equal to 10% of their settlement prices.

Trading in the DS futures contracts is organized by the Saint Petersburg Exchange, whereas trades are cleared by RTS Clearing Center and settled in RTS Settlement Chamber. Trading takes place on the basis of a trading and clearing system of the FORTS market which helps realize the principle of united settlement with the futures and options of the derivatives market FORTS.

For further information, please contact the RTS Public Relations Department at +7(495)705-9031.