Annual Report 2014
Moscow Exchange Group is Russia’s sole multifunctional exchange platform, established in 2011 by the merger of MICEX (Moscow Interbank Currency Exchange, founded in 1992) and the RTS (Russian Trading System, founded in 1995). The Group comprises:
Moscow Exchange holds majority stakes in all key subsidiaries, including 100% stakes in MICEX SE and the NCC Clearing Bank, a 99.997% stake in the NSD, and a 62% stake in the NCE.