On April 25, 2011 a record trading volume of refined silver bullion futures contract was showed by FORTS, the futures and options market of RTS.
At the end of the trading day trading volume of these contracts amounted to USD 325,283,341 (RUB 7,787,153,062.86) or 58,059 contracts that equaled 180.5 tons of the metal.
"Derivatives in precious metals have showed a strong growth in trading volumes and popularity among investors as instruments to protect investments in Russia and worldwide, due to high volatility levels of equity assets. The futures contract on silver is one of the most developed and dynamic contracts which allow users to diversify market strategies and improve investment efficiency", said Evgeny Serdyukov, Director of the Futures & Options Market at OJSC RTS.