On Monday, November 13, St. The St. Petersburg Stock Exchange plans to carry out settlements that were suspended after the imposition of sanctions. In this respect reported The president of the exchange is Evgeny Serdyukov.
According to the head of the St. Petersburg Stock Exchange, the delivery and settlement of transactions in foreign securities is planned to be completed before November 2. previously site suspended It is trading under pressure from US sanctions.
In order for the delivery to take place, the exchange had to obtain information from foreign intermediaries. Received only on November 8th. A queue of unaccounted days accumulated, causing the procedure to be delayed.
Also St. Petersburg Stock Exchange turned to lawyers to develop a procedure for buying/selling securities. The document will be published following the agreement with the Central Bank of the Russian Federation.
Before that the Central Bank stated After the imposition of sanctions in St. About the dubious business model of the St. Petersburg Stock Exchange. Vladimir Chistyukhin, First Deputy Governor of the Central Bank, explained that the main mistake of the exchange was excessive concentration on trading in foreign securities, and now the trading platform faces a serious challenge in long-term sustainability.
Previously in the USA stated The stock market in Russia is on the rise.