11 Mar 2022 10:30

Record pause on Moscow Exchange stock market to last at least two weeks, as it remains closed Fri

MOSCOW. March 11 (Interfax) - The Central Bank of Russia (CBR) has again decided to not resume trading on the stock market section of the Moscow Exchange on Friday, March 11, the CBR said in a statement.

The exchange has not held trading on the stock market since February 28.

On the bond market, there will only be trading in the Repurchase: Direct Bids regime with settlements in rubles.

On the derivatives market, forex and commodity instruments, as well as futures and options on the SPDR S&P 500 ETF Trust will be accessible from 10:00 a.m. to 6:45 p.m. Moscow time, the Moscow Exchange said.

Trading in stock section instruments - stock and index contracts - will be conducted only based on direct bids in the Closure of Position regime.

On the forex and money markets, trading will be held from 10:00 a.m. to 7:00 p.m. Moscow time, as will trading on the precious metals market. Trading will not be held in the standardized derivatives section will not be held.

On the derivatives market, the expiration dates of futures and options contracts are deferred on days when trading in the underlying assets of such contracts is not held on the Moscow Exchange. The date of their fulfillment will be announced at a later time.

The Moscow Exchange's operating regime for Monday will be announced on the Bank of Russia's official website by 9:00 a.m. Moscow time on March 14.