- Business
- Public Joint-Stock Company Moscow Exchange MICEX-RTS operates Russia's largest multifunctional exchange platform for trading equities, bonds, derivatives, foreign currencies, money market instruments, precious metals, commodities and carbon units; it provides clearing, settlement and depository services through subsidiaries National Clearing Centre and National Settlement Depository; and offers information products, software solutions, technology services and the Finuslugi financial marketplace for retail investors. The company, founded in 1992 as Moscow Interbank Currency Exchange and restructured in 2011 via merger with Russian Trading System into an open joint-stock entity headquartered at 13 Bolshoy Kislovsky Pereulok in Moscow, serves over 35 million retail investors and 68,600 legal entities including 641 brokerage firms primarily within Russia while focusing on domestic market development amid international sanctions. In 2024, Moscow Exchange hosted 13 initial public offerings and four secondary placements raising RUB 87.5 billion, supported 247 bond issuers raising RUB 8.4 trillion including record corporate floaters, launched the MOEX IPO Index with related futures and ETFs, introduced 35 new derivatives such as perpetual single-stock futures and contracts on commodities like cocoa and metals, expanded OTC CCP trading to 135 unlisted shares and 750 bonds via the MOEX Start pre-IPO platform, added platinum and palladium spot trading plus new agricultural products peas and flax, grew Finuslugi users beyond 3 million with mutual funds brokerage and AI tools, appointed Viktor Zhidkov as CEO replacing Yury Denisov, and reported record trading volumes nearing RUB 1.5 quadrillion with fee and commission income up 20% to RUB 63 billion.