OREANDA-NEWS. February 10, 2012. OJSC MICEX-RTS denies press reports containing information on selecting book runners for a MICEX-RTS’s IPO. Potential book runners of the Exchange’s IPO have not yet been determined.
Releasing inadequate information not only misleads the public, but also undermines credibility of news media that publish it.
MICEX-RTS is the largest stock exchange in Russia, located in Moscow, trading equities, bonds, derivatives and currencies. It was officially established on 19 December 2011 through the merger of the two largest Moscow-based stock exchanges, the Moscow Interbank Currency Exchange and the Russian Trading System. Both organisations were formed in the 1990s and for two decades were the leading exchanges in Russia, with the MICEX Index and the RTS Index being among the world's top stock indices. The merger created a single entity that is expected to become a leading stock exchange globally for trading across asset classes and to advance Russia's plans to turn Moscow into an international financial centre.
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