Russian Trading System
The Russian Trading System (RTS) was a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modeled on NASDAQ's trading and settlement software; in 1998 the exchange went on line with its own in-house system. Initially created as a non-profit organisation, it was transformed into a joint-stock company.
The RTS Index (RTSI) now is the official indicator of Moscow Exchange, was first calculated on September 1, 1995. The RTSI is a capitalization-weighted composite index calculated based on prices of the 50 most liquid Russian stocks. The Index is calculated in real time and denominated in US dollars.