In a clear statement, the St. Petersburg Stock Exchange rejected rumors that trading in Russian securities would be halted starting January 30. The exchange’s press service communicated to RIA News that the information about a suspension was untrue, and that trading would continue according to the established timetable.
On January 29, reports began circulating that beginning January 30, all trading on the St. Petersburg platform would be unavailable and that existing balances in Russian issuer securities would be shifted to the Moscow Stock Exchange. The exchange quickly pushed back against these claims, emphasizing that no such interruption was planned and that settlements would proceed as usual.
Earlier, there were rumors about the exchange facing bankruptcy. The SPB Stock Exchange denounced these stories as false. The notion of insolvency was not grounded in reality, according to the exchange’s representatives.
On November 29, an application was filed with the Arbitration Court of St. Petersburg and the Leningrad Region concerning the bankruptcy of PJSC SPB Exchange. Later, representatives from the trading platform reiterated that the bankruptcy reports were unfounded and that the exchange remained operational.
In related news, Russia’s major marketplaces have been in discussions about forming a Digital Platforms Association, a move aimed at coordinating digital market activities and standards across platforms. This shift signals a broader effort to clarify regulatory expectations and enhance investor protections across major trading venues.