May diesel-futures price totals 175.75m r/t on the Saint Petersburg Stock Exchange
Diesel futures trades volume on the Stock Exchange "Saint Petersburg" in May made up 175.75 million rubles vs 73,19m rubles a month earlier. The first trading session was on April 16. The total number of closed deals was 192/10613 contracts (in April – 207/4299).
The total number of outstanding contracts at the closing of the May 31st trading session was at 994 contracts, valued 16.09 million rubles. Estimated price of a diesel fuel futures contract was reported at 16,191 rubles, 1056 rubles down, or a 6.12-percent drop from April number.
Cortez Gas Oil Index lost in May 1116 rubles to settle at 16,120 rubles a ton of diesel fuel, or shrank by 6.47% from the previous month, the Saint Petersburg Exchange press service reported.
The DS-futures market, diesel-futures contracts trade, is a joint project of the Stock Exchange Saint Petersburg and the RTS Group. DS - is the first Russian settlement futures contract, focused largely on the domestic market of oil products, quoted in rubles. The price of the contract is the index value of Cortez Gas oil by Cortez IAC.
The organizer of the DS-futures contract trades is the Exchange "Saint Petersburg", the clearing organization, RTS Clearing Center CJSC, the settlement organization, NGO RTS Settlement Chamber.
Trades are carried out on the basis of FORTS, the current trading and clearing market system, which allows realizing the principle of a single cash position with futures and options of the RTS’ derivatives market.
The DS-futures market, diesel-futures contracts trade, is a joint project of the Stock Exchange Saint Petersburg and the RTS Group. DS - is the first Russian settlement futures contract, focused largely on the domestic market of oil products, quoted in rubles. The price of the contract is the index value of Cortez Gas oil by Cortez IAC.
The organizer of the DS-futures contract trades is the Exchange "Saint Petersburg", the clearing organization, RTS Clearing Center CJSC, the settlement organization, NGO RTS Settlement Chamber.
Trades are carried out on the basis of FORTS, the current trading and clearing market system, which allows realizing the principle of a single cash position with futures and options of the RTS’ derivatives market.