Final settlement price determined for futures on the Russian Volatility Index

December 7, 2011 was the last trading day for December futures contract on the Russian Volatility Index.

Settlement price for the contract amounted to 52.16 points. The contract’s settlement price is calculated based on an average value of the Russian Volatility Index over the evening Settlement period starting from 2:03:15pm MSK to 6:30:00pm MSK.

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 the RTS Index, MICEX Index, RTS Standard Index, Russian Volatility Index, shares of Russian companies, Russian Federation government bonds, short term interest rates, currency, oil, gasoil, power, gold, silver and sugar.

The Russian Volatility Index (RTSVX) is the first local stock market benchmark that reflects market participants’ speculations regarding the future movements of the RTS Index, and hence, the movement of the Russian stock market as a whole.

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