There is a palpable sense of excitement around the Moscow Exchange (MOEX) these days. Russia’s flagship bourse has accomplished much in the past few years, rapidly developing its exchange infrastructure, improving its regulatory environment and expanding its product range. Gone is the longstanding rivalry between the Micex and RTS exchanges, so obvious in the past, replaced by the relative harmony of a unified firm.
“We succeeded in bringing the teams together by offering them some quite interesting challenges,” says MOEX CEO Alexander Afanasiev. Those challenges included tough targets and the implementation of reform, after hiring people with international experience to ensure MOEX would be more competitive globally.