KIEV, May 30 – The Moscow Exchange supports the merger of the leading Ukrainian stock exchanges – the PFTS and the Ukrainian Exchange (both based in Kiev) - and believes that Ukrainian shareholders in the exchanges should decide on this.
"The Moscow Exchange believes that from the point of view of economic logic, the consolidations of assets, businesses and ideas in a single structure to avoid extra competition and a duplication of functions, while achieving a reduction in expenses is a step in the right direction," said Alexander Potemkin, executive director of the International Presence department at the Moscow Exchange and head of the PFTS Supervisory Board.
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