Comments on: Transaero to list on Micex ? http://emergingmarkets.me/2009/09/transaero-to-list-on-micex/ Emerging Markets, Emerging Russia, Emerging Views Mon, 16 Aug 2010 05:49:52 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: admin http://emergingmarkets.me/2009/09/transaero-to-list-on-micex/comment-page-1/#comment-3421 admin Mon, 28 Sep 2009 15:28:57 +0000 http://emergingmarkets.me/?p=1589#comment-3421 MICEX is largely a ruble-denominated market, while RTS is, to a large extent, currency-denominated (settlements are made in rubles, US dollars and euros). Also MICEX is an order-driven trading system. Initially, RTS operated as an over-the-counter market, a quote-driven system, but nowadays a Guaranteed Quote System (GQS) exists, i.e. transactions are executed in rubles and on quote-driven terms, and also there is an option to execute currency transactions on delivery versus payment (DVP) terms. MICEX is largely a ruble-denominated market, while RTS is, to a large extent, currency-denominated (settlements are made in rubles, US dollars and euros). Also MICEX is an order-driven trading system.

Initially, RTS operated as an over-the-counter market, a quote-driven system, but nowadays a Guaranteed Quote System (GQS) exists, i.e. transactions are executed in rubles and on quote-driven terms, and also there is an option to execute currency transactions on delivery versus payment (DVP) terms.

]]> By: question http://emergingmarkets.me/2009/09/transaero-to-list-on-micex/comment-page-1/#comment-3368 question Sat, 26 Sep 2009 07:05:50 +0000 http://emergingmarkets.me/?p=1589#comment-3368 Can anyone tell me the difference between MICEX and RTS? Would be greatly appreciated. Thanks Can anyone tell me the difference between MICEX and RTS? Would be greatly appreciated. Thanks

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