Russia Blog contributor Vladimir Kuznetsov, director of equity finance at the Finam Investment Company, sends us his observations from the 2nd Annual Joint Capital Markets Conference held yesterday in Moscow.
-The Editors
Yesterday the MICEX exchange hosted a conference in Moscow - 2nd Joint Capital Markets Conference titled "IPO and Beyond: New Capital Market Products on the Horizon" organized by the London Stock Exchange and Russias MICEX Stock Exchange. You may look at the list of participants at this link. I would like to briefly summarize some of the speakers' remarks. The conference was heavily attended, with about 300 people present.
At the beginning of his remarks, MICEX CEO Alexei Rybnikov stressed that we are currently witnessing explosive growth in the Russian stock market, i.e.
- the general population is starting to participate in stock market activities
- growth in the number of IPOs
- growth in the number of traded securities
- changes in financial infrastructure
Click on the extended post to read more.
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