- Patrick Young
- The UB Post-Leading English News – Mongolian and Russia Taking Stock in Each Other
- ubpost.mongolnews.mn
Summary
MICEX and RTS are clearly competing in Russia’s securities market but now MICEX are looking to tie up some overseas opportunities at some distance to their Moscow base.
Analysis
It’s not just in the developed world of North American and western European stock exchange where deals are being done.
Or, in fact, come to think of it, most of the west are still trying to digest the deals they did during the last bubble.
Meanwhile, out east, the Mongolian securities marketplace may not be the most talked about, even in the east but the Moscow Interbank Currency Exchange (MICEX) is keen to find a way to gain advantage over its Moscow rival Russian Trading System (RTS). In that respect, there can be little doubt that while battered by their recent first flush of a significant bear market in much of eastern Europe, the prospects for a very significant rebound in these relatively immature markets is likely to be considerable.
While privately held, there are some fascinating hidden seams of exchange investment being developed throughout Eastern Europe and into Asia.
Follow Frontier Financier
