Russian Trading System Stock Exchange
|Russian Trading System Stock Exchange|
Also see: Moscow Exchange
The Russian Trading System Stock Exchange was a stock exchange based in Russia. In 2011, the two biggest Russian exchanges at the time - MICEX and RTS - merged into one entity after more than 20 years of existing as separate companies. The capitalization of the combined company was valued at $4.5 billion ahead of the merger. Subject to market conditions, the exchange is targeting an IPO in 2013. As a further step toward an IPO, MICEX-RTS took on the legal form of open joint-stock company.
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