MICEX Derivatives Market trading statistics for May, 2008
June 2, 2008
The trading volume in the MICEX derivatives market for May-08 totaled 365,3 billion RUB ( 15 million contracts). The total open interest at the end of the month — 192,5 billion RUB (7,8 million contracts)
| | May-08 | Change to | April-08 | March-08 |
| USD/RUB futures |
| Trading volume (contracts)* | 14 958 861 | -4% | 15 609 300 | 9 106 180 |
| Trading volume (RUB mln) | 358 057 | -4% | 371 827 | 218 666 |
| Quantity of transactions | 576 | 15% | 499 | 382 |
| Open interest, end of month ((contracts)* | 7 848 614 | 23% | 6 403 560 | 5 241 005 |
| Open interest, end of month (RUB mln) | 187 557 | 23% | 152 974 | 124 607 |
| Interest rates futures |
| Trading volume (contracts)** | 710 | -12% | 806 | 363 |
| Trading volume (RUB mln) | 7 095 | -12% | 8 034 | 3 620 |
| Quantity of transactions | 32 | -24% | 42 | 18 |
| Open interest, end of month (contracts)** | 490 | -21% | 620 | 492 |
| Open interest, end of month (RUB mln) | 4 894 | -21% | 6 186 | 4 905 |
| MICEX Index Futures |
| Trading volume (contracts)*** | 4 258 | 38% | 3 094 | 4 080 |
| Trading volume (RUB mln) | 158 | 54% | 103 | 133 |
| Quantity of transactions | 1 284 | 404% | 255 | 193 |
| Open interest, end of month (contracts)*** | 75 | -32% | 110 | 215 |
| Open interest, end of month (RUB mln) | 3 | -22% | 4 | 7 |
| Total |
| Trading volume (contracts) | 14 963 829 | -4% | 15 613 200 | 9 110 623 |
| Trading volume (RUB mln) | 365 310 | -4% | 379 964 | 222 419 |
| Quantity of transactions | 1 892 | 138% | 796 | 593 |
| Open interest, end of month (contracts) | 7 849 179 | 23% | 6 404 290 | 5 241 712 |
| Open interest, end of month (RUB mln) | 192 454 | 21% | 159 164 | 129 519 |
* Trading unit — $1000. ** Trading unit — RUB 10 mln. *** Trading unit — RUB 20 times MICEX Index
The largest trading volume on May-08 was in USD/RUB futures totaling 14 958 861 contracts per month
| Code | Contract month | Trading volume (1000 RUB ) | Trading volume (contracts) | Share in trading volume |
| FSUSD85 | May-08 | 708 129 | 29 750 | 0% |
| FSUSD86 | June-08 | 67 044 806 | 2 820 511 | 19% |
| FSUSD87 | July-08 | 35 483 588 | 1 491 000 | 10% |
| FSUSD88 | August-08 | 34 868 402 | 1 465 000 | 10% |
| FSUSD89 | September-08 | 42 659 270 | 1 789 000 | 12% |
| FSUSD8A | October-08 | 2 155 975 | 90 000 | 1% |
| FSUSD8B | November-08 | 25 294 300 | 1 060 000 | 7% |
| FSUSD8C | December-08 | 77 304 362 | 3 215 600 | 22% |
| FSUSD93 | March-09 | 72 537 904 | 2 998 000 | 20% |
| FSUSD96 | June-09 | 0 | 0 | 0% |
| Total: | 358 056 737 | 14 958 861 | 100% |
The largest OI at the end of the month was in USD/RUB futures totaling 7 848 614 contracts
| Code | Contract month | Open interest, end of month (1000 RUB) | Open interest, end of month (contracts) | Share in open interest |
| FSUSD85 | May-08 | 0 | 0 | 0% |
| FSUSD86 | June-08 | 17 017 115 | 717 114 | 9% |
| FSUSD87 | July-08 | 27 579 555 | 1 161 000 | 15% |
| FSUSD88 | August-08 | 19 713 620 | 829 000 | 11% |
| FSUSD89 | September-08 | 28 235 144 | 1 182 500 | 15% |
| FSUSD8A | October-08 | 6 800 812 | 285 000 | 4% |
| FSUSD8B | November-08 | 13 154 625 | 550 000 | 7% |
| FSUSD8C | December-08 | 43 128 000 | 1 800 000 | 23% |
| FSUSD93 | March-09 | 31 928 260 | 1 324 000 | 17% |
| FSUSD96 | June-09 | 0 | 0 | 0% |
| Total: | 187 557 131 | 7 848 614 | 100% |
Derivatives Market
