- Russian Trading System
The Russian Trading System is a
stock market established in1995 inMoscow , consolidating various regional trading floors into one exchange. Originally RTS was modelled onNASDAQ '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 asReuters .Russia's stock market surged 686 percent from
2001 through2005 - and another 66 percent in2006 . [ [http://www.baltimoresun.com/business/investing/bal-bz.petruno26dec26,0,3755461.story?track=rss Topic Galleries - baltimoresun.com ] ]The RTS Stock Exchange markets are open from 10:30 a.m. till 6:00 p.m. Moscow time (GMT+3). [ [http://www.rts.ru/?tid=613 About RTS :: Holiday closings :: RTS. English ] ]
Products and services
RTS Classic Market – with ruble- and
dollar -settlement, currently trades in more than 600 different securities.RTS T+0 Market ruble trading "double-auction anonymous market" with full preliminary deposition of assets; trading is settled in rubles.
FORTS – Futures and options trading, with ruble settlement; 39 futures and 19 option contracts available.
RTS Board – the system used for indicative quotation of securities "not" listed on the RTS.
NQS Bills – Indicative Quotation Systems - the system used for indicative quotation of bills issued by Russian companies; 700 stocks and 500 bills are featured.
RTS Money - over-the-counter real time foreign exchange (FOREX) trading.
Internet trading is available.RTS Indexes
The RTS Stock Exchange calculates and publishes 9 indexes: RTS Index, RTS-2 Index, and 7 sectoral indexes. The RTS Index and the RTS-2 Index are calculated using two different lists of
stocks .The
RTS Index , RTSI, the official Exchange indicator, first calculated on September 1, 1995, is similar in function to theDow Jones Average inNew York City .RTSI is computed on thirty-minute intervals using real-time prices of the 50 most liquid Russian stocks listed on the Exchange and is relayed to the RTS Web site, RTS workstations and
news agencies . The constituent list of stocks is reviewed every 3 months.The RTS-2 Index is calculated based on the list of 69 second-tier stocks.
ee also
*
MICEX - Moscow Interbank Currency Exchange
*RTS Index References
External links
* [http://www.rts.ru RTS - Russian Trading System Stock Exchange - in Russian]
* [http://www.rts.ru/en RTS - Russian Trading System Stock Exchange - in English]
* [http://www.spbex.ru/ St Petersburg Stock Exchange - in Russian]
* [http://www.rts.ru/s875 Trading Calendar 2008]
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