The Antimonopoly Committee of Ukraine gave the green light to the Moscow Interbank Currency Exchange (MICEX, Russia) to acquire over 50% in the PFTS Stock Exchange.

Late last year, the PFTS Association gave go-ahead to the sale of 50%+1 share of the PFTS Stock Exchange to the Moscow Interbank Currency Exchange for US $ 10 mn. The PFTS Association was founded in February 1996 as an open association of security traders and depositaries. Only Ukrainian resident corporate entities licensed by the State Commission for Securities and the Stock Market to perform all types of operations involving issuance and circulation of securities can be members of the PFTS Association.