The Russian Trading System (RTS) was a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modeled on NASDAQ's trading and settlement software; in 1998 the exchange went online with its own in-house system. Initially created as a non-profit organization, it was transformed into a joint-stock company.
In 2011 MICEX merged with RTS creating Moscow Exchange.