By Ivan Anderzhanov
The Moscow dollar-denominated stock exchange today marked its 15th anniversary.
We salute you for your unstinting professionalism and service to building Russia's capital markets to what they are today !
A statement today from the venerable pillar of Russia's financial system stated:. "Throughout these years the exchange has been developing and growing in line with the national economy to become one of the most important financial institutions in Russia."
The RTS was established in 1995 as the first regulated stock market in Russia. Key shareholders include global investment banks, like UBS, Credit Suisse, Deutsche Bank, according to the exchange's website.
In terms of volume of trading, its younger Micex rival has long since outpaced it.
Both exchanges were dubbed as "rinky-dinky" and "mickey mouse" by a senior banker in the wake of daily closures and suspensions following the late 2008 financial crisis.
Many investors who fled both exchanges for the relative safety of trading GDRS in London have returned.
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