The new stock exchange, which was created as a result of merging MICEX (ÌÌÂÁ) and RTS (PTC), will get a temporary name MICEX –RTS, says the official site of MICEX after the meeting of the Board of Directors.
The Board of Directors considered a draft of a new version of the MICEX Articles of association. The new version of the document provides changing the name of ZAO MICEX and its form of organization to open joint-stock company. This will let move towards an IPO of the integrated exchange.
MICEX and RTS have agreed about merging in the beginning of 2011. In the end of June they signed the relative agreement. In the start of September the Federal Antimonopoly Service approved the deal.
Author: Irina Fomina