MICEX consists of about 550 participating organizations and members, which do trading for their clients.
RTS was not originally established to be a major competitor to
MICEX, so the two have developed less business overlap than many might initially perceive.
Participants on Integral's FX Grid[R], a global inter-institutional connectivity and trading network, linking ECNs and market making banks to FX market participants, can immediately access all currency pairs and tenors available from
MICEX with no need to build an adapter or wait for a leased line to be put in place.
Apart from exchange bonds, two issues of Gazprom's A9 and A11 ruble bonds worth RUB 10 billion are currently circulating at the
MICEX Stock Exchange as well as three bond issues of Gazprom Kapital worth RUB 30 billion.
On the Russian market we note that the RTS is now 50 points below the
MICEX.
The Russian government's plans to transform Moscow into a financial hub have taken a step forward after the countries main stock and derivatives exchanges
MICEX and Russian Trading Systems (RTS) agreed a non-binding deal to merge.
Annual case contest held among Investor Relations professionals from Russia and the CIS was founded in 2008 by Interfax Business Service and the Securities Market magazine, together with Financial Communications and Investor Relations Association (ARFI),
MICEX Group and the Institute for financial markets development.
OBJECTIVE - TO CONSOLIDATE ABOVE 1300 ON THE
MICEX.
040D of August 16, 2011) will be included in the Quotation list A , Level 1 on
MICEX.
The country's major stock markets,
MICEX and RTS, combined their operations in 2011 to create a platform with an estimated value of USD4.
FX is the largest component of
MICEX liquidity (unusually this is a largely on-exchange market in Russia) trading over US$10 billion per day, the majority being in USD/ RUB.
Traditionally it has been supported by the Association of Financial Communications and Investor Relations Development (ARFI),
MICEX Group and the Institute for Financial Markets Development.
