News Column

Russian Stock Exchange Captures Attention of 1Wealth Trading

Mar 20 2013 12:00AM

Marketwire

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SYDNEY, AUSTRALIA -- (Marketwire) -- 03/20/13 -- 1Wealth Trading is a company that offers clients strong, consistent results on six different stock exchanges, located across the world -- and the company is ever on the lookout for additional, promising stock markets. As such, it comes as no surprise that 1Wealth's attention has been drawn to the main Russian stock exchange. According to a recent New York Times report, Russia's main stock exchange has garnered significant investor interest, sufficient for an initial public offering -- a huge step forward in the nation's "capitalist evolution." 1Wealth Trading has issued a new press statement, celebrating this important milestone in the Russia's economic life.

"With 1Wealth trading programs returning strong results on six different exchanges, we are always on the lookout for the next exchange to expand into," notes the company, in its new press statement. "With the initial offering of the Moscow Exchange, it presents an interesting opportunity for 1Wealth. Russia is in the midst of a capitalist revolution and this is a great step forward for the country."

In fact, the company says it has been eying Russia's stock exchange for some time now -- and been pleased with the preliminary results. "We have been testing our software on the MICEX for some time and the results have been excellent," 1Wealth affirms. "We will continue to monitor the Moscow Exchange and, provided Russia can improve its ranking of 133 on the Transparency International's Corruption Perception Index, it may well be a very exciting market to move into."

Meanwhile, The New York Times notes that the Moscow Exchange has already begun trading, on its own trading platform. The initial stock price was valued near the bottom of the expected range, valuing the company at a little bit more than $4 billion total. The listing drew widespread interest from specialized investors and financial institutions in the United States and in Europe.

This milestone marks a note of stability in what has proven an otherwise tumultuous existence for Moscow's stock exchange. From its 1992 inception until the 2008 recession, Russia's main stock market has consistently ranked as either one of the five best or five worst performing stock markets in the world, save for one year when it finished closer to the middle.

The company itself claims that it is a more prudent bet than any of the individual companies listed on it, due to the consistent influx of listing fees as well as foreign currency deals.

1Wealth Trading offers a site of trading and stock tracking tools to individual and corporate investors throughout the world.

ABOUT:

1Wealth Trading is a program designed to offer maximum accuracy and efficiency to corporate and individual stock traders. The company began as a small stock trading firm, but it has blossomed into an international company, with its headquarters in Australia but offices spread across countries all over the world. The mission of 1Wealth Trading is to provide investors with the technological tools and financial strategies they need to generate consistent stock market revenues, and ultimately to generate lifelong wealth.



Source: Marketwire


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