Trade in index futures on the Russian RTS stock exchange registered significant growth during the first quarter of the year and turned to be the most fast growing for that period in the world.
For the period January-March the volume of the traded futures on the Russian Stock Exchange had risen more than six times compared to the same period of the previous year, showed data of Futures Industry Magazine.
The number of traded contracts totaled up to 20.6 million for the quarter, compared to only 3.37 million contracts a year earlier.
The growth is higher than that of any other market of non -stock futures, the magazine indicates.
Derivatives, which have recorded the second highest growth, are those based on the presentation in the price of U.S. financial companies.
The market for derivatives of RTS now occupies 16 prestigious place in the world in volume of contracts traded on the exchange.
Last year, the volume of trade of derivatives tripled and reached 297.41 billion dollars, as was reported by the website of RTS exchange.
The Russian Stock Exchange RTS is the second largest exchange in the country. Micex Stock Exchange in Moscow comes third.
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