London Stock Exchange today welcomed over 400 delegates to its inaugural Russia and CIS Investor Conference. The event includes international investor presentations from listed and private Russian and CIS companies; and high level panel discussions on topics including the outlook for IPOs, derivatives trading and the post trade environment.
Representatives from some of the region's leading companies, including Sberbank, VTB, Russian Railways and Lukoil, are attending the conference.
To mark the occasion, Nick Baird, CEO at UK Trade and Investment (UKTI), joined senior Russian delegates to open trading on the London markets in a ceremony hosted by London Stock Exchange Group CEO, Xavier Rolet.
Xavier Rolet, CEO of London Stock Exchange Group, said:
"Today is an excellent demonstration of the strong financial ties between London, Russia and the CIS. The community of companies, investors, analysts and advisors gathered at today's conference are at the heart of a formidable partnership of two of the world's leading financial centres."
There are 69 companies from Russia and the CIS quoted across London Stock Exchange's markets, with a combined value of $551 billion.
London Stock Exchange's International Order Book (IOB) facilitates the trading of 36 Russian GDR issuers, which see more than $10 billion worth of trading each month.