A stock exchange in Russia. The Russian Trading System was established in 1995 by combining regional exchanges in the country into a large, electronic exchange. It is considered one of the more important exchanges in Russia; it publishes the RTS Index, which is considered an important benchmark on the direction of Russian stocks.
By late yesterday, the Russian Trading System was up 15 per cent at 116.48 points, while the currency markets offered up to seven rubles to the US dollar, down from around 6.3 on Thursday.
Russia's competition regulator said Friday it has given the green light to stock market operator Russian Trading System (RTB:RTSX), or RTS, to lift its stake in securities depository Depository Clearing Company (DCC) to 97.76% from the previous 60.47%.
Russia's main stock exchange operator Micex Group will offer to acquire rival Russian Trading System (RTB:RTSX), or RTS, to create a single clearinghouse for securities trading in the country, Sergei Shvetsov, head of the Central Bank's financial market operations, said at a Micex forum on Wednesday.
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