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On March 9, the Moscow Exchange will not open trading in the stock market section. This decision was made by the Bank of Russia.
“The Bank of Russia decided not to resume trading on March 9, 2022 on the Moscow Exchange in the stock market section, with the exception of the “Redemption: Direct Orders” mode with settlements in rubles; derivatives market sections, with the exception of derivatives market instruments of the money section (currency pairs), commodity section (precious metals) and mirror contracts for futures on the original sites in the usual mode from 10:00 to 18:45 Moscow time; section of the SFI market,” the Central Bank’s press release published on the official website of the regulator says.
It is noted that trading on the foreign exchange market, money market, repo market of the Moscow Exchange will open at 10:00 Moscow time.
Recall that the Central Bank decided to cancel trading on the Moscow Exchange on Monday, February 28 “due to the current situation.” Then the decision concerned the section of the stock market, derivatives market and the market of standardized derivative financial instruments.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
