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Yukos crunch bumps up RTS


Insiders in Russia's leading futures exchanges have taken different views on the effect of the recent equity market fall on their business.

Last month, Moscow-traded stocks slumped hard in response to the jailing of controversial oil tycoon Mikhail Khodorkovsky. Shares of his giant oil company Yukos plummeted on Moscow Interbank Currency Exchange (Micex)'s screen-based Russian Trading System (RTS), erasing around $6.5 billion from Yukos value at one point. The drop in other stocks was so fast that...

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