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Russian exchange names first advisors for growth sector

Russia's Micex Stock Exchange has named its first six "listing agents", which advise companies preparing to go public on its growth market segment acting in a similar role to nominated advisers on London's Alternative Investment Market, in a bid to boost corporate governance and attract investors.

The listing agents "guide innovation and growth companies to the Micex Stock Exchange" in a bid to increase transparency and improve corporate governance for Russian companies being admitted to Micex's Innovation and Growth Companies Sector.

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