MICEX General Director Alexander Potyomkin said such indices confidently placed MICEX on one line with the leading world exchanges. In his opinion, these results have been achieved thanks to dynamic development of all sectors of the exchange market: first of all, the currency market (a 2.5-time growth) as well as corporate securities (a 1.5-time growth) and state securities (a 1.2-time growth).
This year, three important projects have been realized on MICEX. These are unification of the unified trade session and the system of electronic lot bids, which actually completed the process of creating a unified national currency market in Russia, creation of ZAO "MICEX Stock Exchange", at which bids in all corporate securities earlier traded in the Section of the MICEX stock market will start on January 11, 2005. Besides, the money market has for the first time started working on MICEX - the exchange started servicing deposit transactions of the Bank of Russia with crediting organizations.
