The MOEX Russia Index (russian: Индекс МосБиржи), formerly the MICEX Index, is the main

ruble The ruble (American English) or rouble (Commonwealth English) (; rus, рубль, p=rublʲ) is the currency unit of Belarus and Russia. Historically, it was the currency of the Russian Empire and of the Soviet Union. , currencies named ''rub ...

-denominated benchmark of the Russian stock market. It was established by the Moscow Interbank Currency Exchange (MICEX) on 22 September 1997. MICEX merged with the

Russian Trading System The Russian Trading System (RTS) was a stock market that operated in Moscow from 1995 to 2011. It was established in September 1995 to consolidate various regional trading floors into one exchange. In December 2011 it merged with Moscow Interbank ...

to form

Moscow Exchange The Moscow Exchange (MOEX; rus, Московская биржа, r=Moskovskaya birzha, p=mɐˈskofskəjə ˈbʲirʐə, a=) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, ...

(MOEX) in 2011 and the index was renamed to ''MOEX Russia Index'' on 27 November 2017. It has the same composition as the

RTS Index The RTS Index (RTSI; ) is a free-float capitalization-weighted index of 50 Russian stocks traded on the Moscow Exchange, calculated in US dollars. The index was introduced on September 1, 1995, with the formation of the Russian Trading System (RT ...

, which is denominated in U.S. dollars. The MOEX Russia Index is traditionally favored by domestic investors, while foreign investors prefer the RTS Index. The number of component stocks is variable, and depends on liquidity and trading frequency.

References

Russian stock market indices 1997 establishments in Russia {{stockexchange-stub