NASDAQ OMX and Moscow Exchange to promote Russian Tech and Biotech | Positions and Promotions

NASDAQ OMX and Moscow Exchange to promote Russian Tech and Biotech | Positions and Promotions:

"NASDAQ OMX (NDAQ) and Moscow Exchange (MOEX) announced the signing of a co-operation agreement. Within this agreement both exchanges will work jointly in further developing the Russian technology and biotechnology community.

The aim of the co-operation is to jointly facilitate access to capital for the fast growing Russian start-up community and to promote listings at both exchanges.

In 2009 Moscow Exchange and RUSNANO created a listing platform for young and promising non-commodity companies called the "Innovations and Investment Market of Moscow Exchange". RUSNANO was set up in 2007 with a mission to develop Russia's nanotechnology industry through co-investing in nanotechnology projects that offer substantial economic potential or social benefit."

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