The Bank of Russia will not resume trading on the Moscow Exchange on March 9 in the stock market section, with the exception of a few modes. Trading on the foreign exchange market, money market and repo market on the Moscow Exchange will open at 10:00 Moscow time. This was reported in the press service of the regulator.
Trading in the stock market section will take place:
- in the “Redemption: targeted orders” mode with settlements in rubles;
- in the derivatives market section, with the exception of derivatives market instruments of the money section (currency pairs);
- in the commodity section (precious metals);
- mirror contracts for futures on the original sites in the usual mode from 10:00 to 18:45 Moscow time;
- sections of the SFI market.
The Bank of Russia also announced that it would announce the opening hours of the Moscow Exchange on Thursday until 9:00 on March 10.
On March 4, the Moscow Exchange canceled trading and settlements scheduled for March 5, 7 and 8. Changes in trading were introduced against the background of the Russian military operation in Ukraine, which began on February 24. After its start, the Russian stock market experienced the largest collapse since 2008, the dollar and euro rates have already updated their maximum several times.
Details – in the material “Kommersant FM” “Currency think through the rules of the game.”