St. The management of the St. Petersburg Exchange will face a serious challenge in the long-term sustainability of the trading platform, they will have to look for new niches. This opinion was expressed by First Deputy Governor of the Central Bank Vladimir Chistyukhin. RIA News.
“The management of the St. Petersburg Stock Exchange will face a very serious challenge regarding the long-term viability of this institution,” a representative of the financial regulator said.
According to him, St. The main mistake of the St. Petersburg Stock Exchange was its excessive concentration on trading foreign securities.
“Our partners are very careful about interacting with sanctioned companies,” Chistyukhin said.
He recommended that the platform find new business areas where they can gain a competitive advantage, such as in foreign securities trading.
November 2 US Treasury extended List of sanctions against Russia. St. About 40 individuals and dozens of legal entities were subject to restrictions, including the St. Petersburg Stock Exchange. Then temporarily St. Petersburg Stock Exchange stopped Trading foreign stocks.
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