St. St. Petersburg Stock Exchange suspends trading in securities

No time to read?
Get a summary

St. Trading in securities on the St. Petersburg Stock Exchange was suspended due to a technical malfunction. This has been reported Web site stock markets.

It was announced that organized trading in securities was suspended at 07:50 Moscow time. The reasons for the technical malfunction are being investigated.

The exchange will also announce the timing for the resumption of organized trading in securities.

December 26, Chairman of the State Duma Committee on Financial Markets Anatoly Aksakov statedSt., which is under US sanctions. It was stated that the St. Petersburg Stock Exchange is exploring options for developing a new business area, and one of the options may be cryptocurrency trading.

Moscow Stock Exchange in September reported About the suspension of trading in the derivatives market. This happened due to a failure in the trading and barter system.

Vasily Karpuni, head of the information and analytical content department of BCS World of Investments, explained to socialbites.ca that the suspension of trading on the Moscow Exchange derivatives market will not become critical for most investors in the event of a rapid resumption of operations.

Igor Marich, representative of the Moscow Stock Exchange group in early December statedIt is stated that the Moscow Stock Exchange has another action scenario if American sanctions are imposed against it and dollar trading is stopped.

Previously named USA’s St. Consequences for Russians of sanctions against the St. Petersburg Stock Exchange.

No time to read?
Get a summary
Previous Article

Traffic on the Crimean Bridge resumed at 09.00

Next Article

Ibex 35 ranked right after Italy on the European podium among the indices that gained the most value in 2023