Central Bank, St. It will analyze the jumps in St. Petersburg Stock Exchange shares in terms of market manipulation and the use of inside information. This was reported by RBC.
“The Bank of Russia will analyze the incident that occurred, including the actions of market participants regarding the securities of PJSC St. Petersburg Stock Exchange,” the material states.
The reason for monitoring was the sharp decline in the company’s shares due to the bankruptcy petition submitted to the Moscow Arbitration Court.
The press service of the financial regulator explained that the exchange does not manage investors’ funds, their finances are in the clearing account, that is, in the account of the central counterparty. The property in this account is not taken into account in the bankruptcy estate.
“Thus, investors do not take the risk of having their funds seized in the event of bankruptcy of the exchange platform,” the Central Bank summarized.
In the file cabinet of the Moscow Arbitration Court on the morning of November 27 seen St. Bankruptcy filing of the St. Petersburg Stock Exchange. Following this, the company’s shares on the Moscow Stock Exchange fell by almost 35%. Soon the press service of the trading platform assured that the company had not filed an application. The court was informed that the document was not accepted due to the applicant’s violation of the pre-trial procedure. The company Otkritie Investments admitted that rumors of bankruptcy may have been provoked by “dissatisfied” shareholders or foreign security holders.
Previously St. Documents of the St. Petersburg Stock Exchange harshly grew up After the deputy’s statement.