Russia sets up rival to AIM

The latest in a string of initiatives to encourage companies to list domestically has been unveiled.

By Patrick Gill

Gennady Margolit, Micex “Both IPOs and secondary placements will be possible. We see huge potential interest”
Gennady Margolit, Micex

Russia’s stock exchanges hope to attract more small companies to list by establishing special platforms for innovative and rapidly growing companies. Already being dubbed Russia’s answer to London’s Alternative Investment Market, the new platforms on the Russian Trading System (RTS) and Moscow Interbank Currency Exchange (Micex) will cater to companies that are too small to meet requirements for listings on those exchanges’ main markets.

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