Beta version of “Russian NASDAQ” trading platform ready by year end

NASDAQRussian 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.  Far East Development Fund CEO Alexei Chekunkov
“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