OREANDA-NEWS. April 19, 2012.United Russian exchange MICEX-RTS hosted about 100 investors, brokers and other market participants in New York for a conference devoted to innovations and market access, reported the press-centre of MICEX-RTS. 

Today"s conference, titled “Russia Is Not About Bears”, introduced the Russian exchange to prospective market participants and updated existing clients on advancements at the exchange. After welcoming remarks by MICEX-RTS President and CEO Ruben Aganbegyan, four panel sessions covered the following topics: the introduction of settlement in T+3, the creation of a Central Securities Depositary, development of the foreign exchange market and opportunities on the Russian derivatives market. The transition to T+3 and the launch of a CSD are two major innovations currently underway that make trading in Russia more attractive for international market participants.

The two main Russian exchanges MICEX and RTS completed their merger in December 2011, creating a one-stop-shop for trading across Russian equities, bonds, derivatives and currencies.

Ruben Aganbegyan said:

“We are delighted at the feedback we received from the New York investment community. In particular investors and other market participants welcomed the key reforms and innovations underway at the exchange and our increasing transparency.”

MICEX-RTS is planning a similar event in London on April 24.

About MICEX-RTS
MICEX-RTS was formed as a result of the merger in December 2011 of MICEX and RTS, Russia's two leading exchanges. The exchange offers trading across a wide variety of asset classes including equities, bonds, currencies and derivatives.