Moscow Exchange Group operates Russia’s only multifunctional trading platform for equities, bonds, derivatives, currencies, money market instruments, carbon emissions, precious metals and agricultural products.

The Group is comprised of:

• Public Joint-Stock Company Moscow Exchange MICEX-RTS (the “Moscow Exchange”, the “Exchange” or “MOEX”) which operates the Equity & Bond Market, Money Market, Derivatives Market as well as FX Market and Precious Metals Market;
• National Settlement Depository (NSD), the central securities depository;
• Central Counterparty National Clearing Centre (CCP NCC, or NCC) operating as clearing house and a central counterparty (CCP) for all MOEX’s markets;
• National Mercantile Exchange (NAMEX), which operates the Commodities Market;
• MOEX Innovations, which develops innovative technologies and works with fintech start-ups.

Moscow Exchange holds majority stakes in all key subsidiaries, including a 100% stake in NCC, a 99.997% stake in the NSD and, directly and indirectly, and a 88.25% stake in the NAMEX.

Moscow Exchange was formed in 2011 by the merger of MICEX (established in 1992) and RTS (created in 1995). Later, the Exchange was renamed Moscow Exchange. In 2013, the Exchange completed an initial public offering on its own platform (ticker: MOEX). Over 2023, the Exchange’s market capitalization doubled, from RUB 215.2 billion to RUB 431.3 billion, and the free float was 64%.