The SPB Exchange resumed trading after a technical failure at 11:15 Moscow time. Earlier Friday, operations at the site were suspended due to a technical issue.
“Organized securities trading will resume at 11:15. “Trading participants hereby have the right to withdraw previously submitted applications,” the exchange said in a statement.
Trading was stopped at 07:50 Moscow time on Friday, December 29. The exchange explained this as a technical glitch, but more precise reasons are still being established.
Since November 2, SPB Exchange is on the US SDN list, which means isolation from the dollar system, asset freeze, and ban on cooperation with US companies.
The platform is currently taking steps to unlock around $3 billion of frozen assets of Russian investors. To do this, the exchange intends to contact OFAC (US Department of the Treasury Office of Foreign Assets Control).
Author:
Natalia Gormaleva
Source: RB
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