RTS revamps core platform

Moscow's decade-old RTS now offers electronic, order-driven markets in FX, Russian equities, futures and options. It also supports quote-driven markets for trading in US dollars. The development work, which began in late 2003, is due to be completed by Q1 2006, officials say.

Once the new platform is finished, RTS will migrate its markets over one by one. "The first market will probably be one of the simplest – perhaps the quote-driven market," said Alexey Sukhorukov, a vice-president at RTS.

One

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