Yes it should. Too bad it doesn’t. I have this particular module. It negotiates to 10G when connected laptop. When I disable autonegotiation I can set it to fixed 1G but my network card in laptop doesn’t allow to disable autonegotiation and doesn’t work then.
http://forum.mikrotik.com/t/s-rj10-improperly-auto-negotiates-to-10g/122418/4
S+RJ10 is known to be crap. The only reason why it makes sense is price which is fundamentally lower than other 10G copper modules. Other than that it’s crap. Doesn’t work with jumbo frames, flaps and sucks.