The main trading on the stock market of the Moscow Exchange will not take place on March 10, the press service of the Bank of Russia said.
“The Bank of Russia decided not to resume trading on March 10, 2022 on the Moscow Exchange in the stock market section, with the exception of the “Redemption: Address 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 (standardized derivative financial instruments. — Ed.),” the regulator said in a statement.
At the same time, trading on the currency and money markets, as well as on the repo market, will take place on March 10. However, they will open later than standard time – not at 7:00 Moscow time, but at 10:00.
Trading on the Moscow exchange stock market has been closed since February 28. Moreover, from March 5 to March 8, inclusive, they were not held in all sections of the site. On March 9, transactions were resumed on the currency and money markets, as well as on the bond market in the “Redemption: Direct Orders” mode with settlements in rubles.
The Central Bank stopped trading in securities on the Moscow Exchange against the backdrop of the largest fall in the history of the Russian stock market. So, on the day of the start of the Russian military special operation in Ukraine, February 24, the Moscow Exchange and RTS indices decreased by a minimum of 45-50%.