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05.04.2017 14:39

Moscow Exchange presents new name of benchmark equities index

On 5 April 2017 at the Exchange Forum 2017, Moscow Exchange announced a new name for the benchmark Russian stock index: the former MICEX Index will now be called MOEX Russia Index.

The new name of Moscow Exchange"s main index will support increased brand recognition for MOEX and a more cohesive awareness of Moscow Exchange and the Russian financial market in the eyes of Russian and international professional market participants as well as retail investors.

Moscow Exchange also plans to introduce changes to the methodology it uses to select index components, increasing liquidity requirements and the basis for calculation generally. These and other changes, to be developed in partnership with the market, are aimed at making use of Moscow Exchange"s indexes more convenient for investment funds and asset managers in their financial products.

Moscow Exchange plans to complete all changes (including changes to the calculation methodology for the Exchange"s indexes and exchange policies) in the fourth quarter 2017.

At this time the name of the RTS Index will remain unchanged.

For further information, please contact the Public Relations Department at (495) 363-3232.

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