RTS profits jump by 20%

By Andrei Skvarsky

Russian stock exchange RTS registered a net profit of 1.44 billion ($46 million) last year, a 20% increase on 2008.

RTS Group's priority investment areas in 2009 were infrastructure development, including building up its infrastructures in Ukraine and Kazakhstan, and new projects such as launching the cash equities market, RTS Standard, the group said in a press release.

Russia's cash equities market grew in volume in 2009 after downturn the previous year, with the RTS Index gaining 128.6% to end up at 1,444.61 points. Cash equities trade swelled by 405.78% to $54.17 billion while derivatives trade surged by 97.82% to reach 474.4 million contracts.

By Andrei Skvarsky Russian stock exchange RTS registered a net profit of 1.44 billion ($46 million) last year, a 20% increase on 2008. RTS Group's priority investment areas in 2009 were infrastructure development, including building up its infrastructures in Ukraine and Kazakhstan, and new projects such as launching the cash equities market, ...