Global markets
How the Russian market connects to markets abroad, what foreign indices measure, and where access limits begin.
5 articles
Commodities that rose most over the year: what the annual change measures and what it hidesThe list below answers the question literally: it takes commodity prices, compares today's quote with the quote from a year ago, calculates the percentage change and sorts the results in descending order.5 min
Depositary Receipts: Paper on PaperA depositary receipt is not a share but an obligation of a depositary, issued against shares held in safekeeping at a custodian bank in the issuer's country.5 min
Developed and emerging markets: the practical differenceThe practical difference lies not in how rich a country is but in how the market itself is built: how freely money moves in and out of it, how reliably trades settle, how well the minority shareholder is protected and how deep the order book is.5 min
How the Russian Market Is Linked to the Global OneThe link did not break — it now runs through a different wire.5 min
World indices: what each of them measuresIndices in different countries are computed differently and cover different parts of an economy. They cannot be compared directly.