What is the Russian trading system?
The Russian trading system is a term used to indicate the main exchange in Russia. This stock market was considered one of the younger exchanges in Europe and was originally modeled after the NASDAQ index system, but has since developed into its own system. The exchange consists of five main product lines dealing with financial elements such as currencies, futures, Russian shares and foreign companies.
After the fall of communism in the former Soviet Union, the exchanges in Russia were mostly regional. In 1995, a Russian trading system was established to combine many regional exchanges into one roof in an effort to help stabilize and strengthen the economy of the new nation. Today the market is one of the strongest in the world and is with hundreds of different companies on its supply.
The Russian trading system was originally modeled after the NASDAQ trading system and its software, because it based its numbers on the 50 most liquid Russian sewers. However, the RTX index, as is known to traders, quickly began to use their ownData management system. In 1998, his internal stock and shop management program went online and has been used since. Another significant change with the Russian business system was its development from the non -profit organization to a company's joint -stock company. Share companies are a private enterprise, similar to a corporation that is owned and operated for profit.
Five different product lines are a Russian trading system, each of which has a specific role in market balance. RTS Classic Market is the main business reason for the stock exchange and is mainly engaged in business currency and shares. This market settles in Rubes and dollars and trades with several hundred international securities. On the other hand, the standard RTS market settles only in Russian national currency, in ruble and has no times. Like the classic market, it is also available for international traders.
The last three product lines are not as commonly accessible, alE still play a major role in building the Russian economy. The RTS T+O is dedicated to trading in securities for retail investors. The product line of the RTS board provides quotes for all companies that are not listed in the main RTS system and acts as a catch for any share that wants to be represented on the Russian market. Forts is a commercial product line devoted to strict Russian interests, representing various companies, bonds and industries such as oil, metal and sugar.