Moscow Exchange, Russia's biggest stock market, has said it plans to sell shares in itself on its own exchange.
The Moscow Exchange attempts to create sound corporate governance that sets the tone for other institutions in Russia and eases international business.
FORBES: Changing The Financial Landscape In Russia Is Not An Easy Task
Since the Moscow Exchange had its IPO, Russian markets fell noticeably on crude oil, and last week the MICEX index dropped to the lowest level since November 2012.
FORBES: Changing The Financial Landscape In Russia Is Not An Easy Task
The Moscow Exchange was created in 2011 from the merger of the Moscow Interbank Currency Exchange and the Russian Trading System, and only adopted its current name last year.
While economic growth is essential for a diversified business like the Moscow Exchange, the risks for investors also include uncertainty over policy reforms as well as weaker than expected volumes, linked to pricing pressure on trading and listing fees and increased competition from other exchanges.
FORBES: Changing The Financial Landscape In Russia Is Not An Easy Task
The yuan started trading against the ruble in the Chinese bank market in Shanghai last November, and in December, began trading on the Moscow Interbank Currency Exchange.
In exchange, Moscow is expected to consider joining Washington in cutting back on its nuclear arsenal just as the likes of Iran and North Korea build up theirs.
If not, your broker has to buy shares on the Russian Trading System, Moscow's main stock exchange.
But Mr Lukashenka could do little about the exchange rate in Moscow, where also the Belarussian rouble is bought and sold.
This week, trading on Moscow's moribund currency exchange was halted three times.
He founded Moscow's first commodity exchange in the 1990s and admits that for his new system to work effectively he needs tens of thousands, if not millions, of companies to register.
The stricken firm is in a race against time: official trading is due to start on the London Stock Exchange on July 19th and in Moscow at once.
The government is also due to send a delegation to Moscow this week to negotiate the terms of a loan that it hopes with bolster its depleted foreign exchange reserves.
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