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.
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.
The Moscow Interbank Currency Exchange (MICEX) intends to shed its interest in the Depository Clearing Company (DCC) to stock market operator Russian Trading System
Stock Exchange (RTB:RTSX) by 1 March, vice-president Vladimir Gusakov told reporters on Friday.
Maxwell Capital will deploy Orc Trader to provide links to the leading domestic markets: the Russian Trading System
(RTS) / FORTS and the Moscow Interbank Currency Exchange (MICEX), as well as to international markets.