Yukos crunch bumps up RTS
17 Nov 2003
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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