Private Equity Russia

The story of Russian brokerage Otkritie is the story of the development of high frequency and algorithmic trading on the Russian equities markets.

If you look at the following chart of the dollar-denominated RTS index, one feature stands out:  volumes rise dramatically towards the end of November 2009.

The reason for this dramatic rise in volume, according to the FT, was the adoption of new regulations, which allowed traders to offset P&L realized from trades on the cash equities market against security, commodity and index futures and options on FORTS.

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The London Stock Exchange and MICEX (the Moscow Interbank Currency Exchange) have  jointly launched a new website (RussianIPO.com), which will provide in-depth information on the Russian and CIS capital markets as well as a means for private equity investors seeking to exit via IPO to connect with the larger investment community.

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