Russian Stock Market Has Suspended Trading

[TalkingDog]

10. Market was down most of yesterday's trading. Looks like it might be out today too.

http://rts.micex.ru/n614/?nt=200

To generate the representative closing price and protect investors' rights the following schedule of trading was established:

9.50pm - 10.10pm – trading period in the Main trading mode of the Main trading session;
9.50pm - 10.10pm – execution of trades in the Negotiated trades mode and repo trades.
10.20pm – close of the main trading session.

The Exchange applied to the Bank of Russia for extension of operating time of the multivoyage payment processing system in order to minimize implications of the emergency situation.

Decisions taken by the Directorate of the Exchange and competent actions of Exchange's specialists allowed trading members to close their operations including cancel orders, perform clearing and fulfill obligations under executed trades even under the outage circumstances.

MICEX-RTS realizes the consequences that the outage could bring to the market and apologizes to trading members. The Exchange firmly intends to detect and examine causes of the disruption.