Russian Trading System
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| Type | |
|---|---|
| Location | Moscow, Russia |
| Founded | 1995 |
| Currency | Russian ruble |
| Website | rts.ru |
The Russian Trading System (RTS) was a 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.
The RTS Index (RTSI) now is the official indicator of Moscow Exchange, was first calculated on September 1, 1995. The RTSI is a capitalization-weighted composite index calculated based on prices of the 50 most liquid Russian stocks. The Index is calculated in real time and denominated in US dollars.
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