Moscow Interbank Currency Exchange(redirected from Moscow Inter-Bank Currency Exchange)
Moscow Interbank Currency Exchange (MICEX)
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Moscow Interbank Currency Exchange
One of the largest stock exchanges in Russia. The MICEX trades stocks, bonds, currencies, and derivatives in more than 600 publicly-traded companies with a market capitalization of tens of trillions of rubles. Tracing its roots to before the fall of the Soviet Union, MICEX quoted official exchange rates on behalf of the Bank of Russia until 1992. Among its largest companies by market capitalization is Gazprom, which has a large role in the global oil and gas industries.
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