OREANDA-NEWS. July 4, 2011. On July 4, 2011 the OJSC RTS Board of Directors passed the resolution to elect Jacque Der Megredichyan (Troika Dialog) Chairman of the Board of Directors of Open Joint Stock Company "Russian Trading System" Stock Exchange.

 In addition, in accordance with the decision of the Board Oleg Viktorovich Zhelezko (Da Vinci Capital) and Oleg Evgenievich Yachnik ("OLMA" Investment Firm) were elected Deputies Chairman of the Board of Directors.

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 organisation, at the moment RTS is in the process of reorganisation: it is being transformed into a joint-stock company. RTS data is distributed world-wide through major financial information vendors such as Reuters.