Three participants were from St. Removed from fuel trade in St. Petersburg

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Three trading companies were suspended from St. Petersburg for using unfair business practices. They lost access to fuel trading on the St. Petersburg International Commodity and Raw Materials Exchange (SPIMEX). About what he wrote TASS Referring to the message of the Russian Federal Antimonopoly Service (FAS).

As the ministry announced, on February 1, St. New criteria for detecting violations, including against trading bots, have come into force at the St. Petersburg Commodity Exchange. For non-compliance with these requirements, companies Mosregiongaz, Solid Commodity Markets and Promsnab were suspended from access to trading.

Private gas stations at the end of January reported Ministry of Energy and the Federal Antimonopoly Service for automatic purchases of gasoline through exchange-trading bots. According to Evgeny Arkusha, head of the Russian Fuel Association, independent market participants therefore cannot buy fuel on the exchange and are forced to buy it from dealers at a higher price.

In response, Deputy Prime Minister Alexander Novak instructed the FAS and SPbMTSB to strengthen control over unscrupulous players using trading bots.

Russians before allowed Buy gasoline in installments.

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