Russian NASDAQ: The Far East and Baikal Region Development Fund is working on creating a Russian trading platform similar to NASDAQ, according to its CEO of Alexei Chekunkov, and a beta version could be ready by the end of year. “We are working on creating a trading platform in Russia similar to NASDAQ in the United States and which would fill the niche of attracting venture equity, or high-yield bonds,” Chekunkov told journalists on the sidelines of the Boao Forum for Asia in South China’s Hainan province.
“We want to create a, modern Pan-Asian IT-system, which would offer Russian companies to Russian and Chinese investors. So that anyone could buy shares through it from their smartphones.”
Source: ITAR-TASS