General Information about the Moscow Interbank Currency Exchange
The Moscow Interbank Currency Exchange or MICEX is one of the largest universal stock exchanges in the Russian Federation and East Europe. MICEX opened in 1992 and is the leading Russian stock exchange, consisting of shares and corporate bonds about 600 Russian companies with a total capitalization of nearly 24 trillion Rubles.
MICEX consists of about 550 participating organizations and members, which do trading for their clients. In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (754.9 billion USD), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market.