February 20th, 2013
03:05 PM GMT
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(CNN) - The Moscow Stock Exchange is the latest company to trade on its own platform.

It comes after the company sold its shares at an Initial Public Offering last week - at the low end of the IPO range.

The stock began trading Friday , providing a valuation of more than $4 billion.

John Defterios sat down with Kirill Dmitriev, the chief executive of the Russian Direct Investment Fund and asked him why, despite the lukeman response, he sees potential in the exchange.

soundoff (4 Responses)
  1. Lorenzo

    Russia isn't a democracy.Economists of GS and other financials talk of countries likie tthis like if they were normal.They aren't (China,Brazil,India) free systems at all.Bank of russia defends against every law Ruble from devaluetion.They are dictatures,they just changed the flags and the faces of rulers.They are backward not because of comunisnm but because of their culture.

    February 25, 2013 at 5:36 pm |
  2. Lorenzo

    Many of these countries are inventing gdps and datas.IMF and all other ifnancials are agrre with them it.It'll arrive the day that game is over.These countries started with emerging funds of Usa and EU 20 years ago.These trend will end or is ending.Other less developed countries will receive funds money.These countries are still dictatures and they have no spaces to be accepted in "wealthy" weastern world.Other painful and economic changes for them ahead.Even an idiot would realize this.Who gave the start still controls them.

    February 25, 2013 at 5:53 pm |
  3. Yaroslav

    I would say, Russian peoples as a people (nation) are not dictators at all, but the Russian Government are dictators. This is nothing to do with Russian culture. People and Government is a big difference here. Russian Government does not express the wishes or interests of Russian peoples and we (people) can do nothing with this. We have to tolerate with this poor government.

    March 5, 2013 at 9:25 pm |
  4. Jena Byrne

    An initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors. Although an IPO offers many advantages, there are also significant disadvantages.^,"'


    Over and out

    May 20, 2013 at 4:45 am |

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