Wednesday, February 25, 2009

Russian Trading System

The Russian Trading System is a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modelled on NASDAQ's trading and settlement software; in 1998 the exchange went on line with its own in-house system. Initially created as a non-profit organization, at the moment RTS is in the process of reorganization: it is being transformed into a joint-stock company. RTS data is distributed world-wide through major financial information vendors such as Reuters.

Russia's stock market surged 686 percent from 2001 through 2005 - and another 66 percent in 2006. [1]

The RTS Stock Exchange markets are open from 10:30 a.m. till 6:00 p.m. Moscow time (GMT+3). [2]

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