Russian Trading System
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The Russian Trading System (RTS) was a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modeled 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, it was transformed into a joint-stock company.
In 2011 MICEX merged with RTS creating Moscow Exchange.
RTS Index
The RTS Index, RTSI, the official Moscow Exchange indicator, was first calculated on September 1, 1995. The RTS is a capitalization-weighted composite index calculated based on prices of the 50 most liquid Russian stocks listed on Moscow Exchange. The Index is calculated in real time and denominated in US dollars.
