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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 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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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 the Dow Jones Average in New
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.
See
also
- MICEX -
Moscow Interbank Currency Exchange
- RTS Index
References
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http://www.baltimoresun.com/business/investing/bal-bz.petruno26dec26,0,3755461.story?track=rss
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About RTS :: Holiday closings ::
RTS. English
External
links
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