Moscow exchange will launch a new platform for over-the-counter stock trading

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Moscow Exchange plans to launch a new platform for over-the-counter stock trading, where transactions are not made directly between the seller and the buyer. It has been reported red blood cell referring to Boris Blokhin, head of the site’s stock market department.

According to Blokhin, all Russian brokers will have access to the platform, but the tools will be available only to qualified investors.

All companies that will gain access to the platform will be publicly traded companies, namely PJSCs and JSCs. From the first trading day, shares of PJSC Nitel, common and preferred shares of PJSC Krasnogorsk Plant VI SA Zverev, ordinary shares of PJSC Udmurtneft, ordinary and preferred shares of Obneftegazgeologia, common and preferred shares of PJSC Novoship, PJSC’ Ufaorgsin common shares of PJSC Fortum.

Blokhin said the possibility of accepting a few more companies will be considered before the end of the year.

April 7, dollar exchange rate on the Moscow Stock Exchange exceeded 83 rubles for the first time since April 6, 2022.

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