Moscow Exchange Launches ETF On The RTS Index

On 4 March, Moscow Exchange celebrated the launch of trading in the FinEx Russian RTS Equity UCITS ETF (FXRL), the first Russian exchange-traded fund on the RTS Index.  

The fund's shares were admitted to trading on the Exchange's Level 3 List on 1 March, and began trading on 2 March. The fund"s shares are denominated in USD, while trading on the Moscow Exchange will be in RUB.

The ETF tracks the RTS Index maintained by Moscow Exchange. The RTS Index comprises the 50 most liquid Russian public companies.